11 replies to this topic

[ogm]

"Pesristently high all day. Just not giving up."

lol

thanks ogm, that actually makes a lot of sense.

But why does the reverse of that not work though? A very high TRIN on a huge down day usually means the selling is done....

yeah the P/C is certainly amusing...

High TRIN day after an uptrend many times means initiation of a downside move. Look at 7/20 for example. The recent one. High TRIN day like we had FRiday, after extended downtrend, many times means a washout. Its all relative.

The same as a couple very low TRIN's during extended uptrend may mean overbought.

IYB has the best TRIN system, which is a part of his larger system.

[rkd80]

IYB,

If you are reading this, would you be so kind as to share your TRIN system? I tried searching for you, but there were so many results that it was simply dizzying.

thanks in advance!

rkd

"Pesristently high all day. Just not giving up."

lol

thanks ogm, that actually makes a lot of sense.

But why does the reverse of that not work though? A very high TRIN on a huge down day usually means the selling is done....

yeah the P/C is certainly amusing...

High TRIN day after an uptrend many times means initiation of a downside move. Look at 7/20 for example. The recent one. High TRIN day like we had FRiday, after extended downtrend, many times means a washout. Its all relative.

The same as a couple very low TRIN's during extended uptrend may mean overbought.

IYB has the best TRIN system, which is a part of his larger system.