ES Journal Archive (2006 - 2008)

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Quote from jficquette:

It only matters if volume is at least average. Low volume days distort Trin.

Best modality to gauge intraday strength is advance issues/advanced+decline. This gives % of stocks up on day.

In a non trending day readings of 67 or 33 percent indicated overbought or oversold.

Days where it is above 85% with news will generally close on its high.


Here is TS code:

[LegacyColorValue = true];
[SameTickOpt = True];
inputs:
AdvIssues( Close of data1),
DecIssues( Close of data2),
OB(.67),
OS(.33),
Avg(1);
value1= advissues;
value2= advissues+decissues;
value3= iff(value1=0,0, value1/value2);
Plot1( Value3, "A/D%" ) ;
Plot2(ob,"OB");
plot3(os,"OS");
Plot4(.50,"CL");
More...

Thanks to you and Lawrence.
 
Quote from ammo:

on the spy weekly,11/10 and 12/16 tops,91.80 res and 9/22 12/08 tops 88.43 supp,these #s change some when you reduce your weekly to a 30 min,on daily oscillators, macd under o,williams overbought at 90 and slow stochastics at 76,using 80 as overbought and 20 as oversold
More...
high 91.67 low 88.21 toot..toot
 
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