IB's Trin

B

Bearbelly

I have a trin reading right now of 1.3 and around 11 it was almost 1.5 all the while the market is climbing. Can somebody with a different data feed confirm these figures. I am beginning to suspect that IB trin data is suspect.
 
Hi Bearbelly,

I'm watching Nyse Trin from Ib and also another data source. They are tracking to within .01 this morning.
 
If it's currently at/around 1.30, you're good.

There are a number of ways to interpret it, basically, when I've seen this before, it mean't the market was selling into strength (it had a similar reading yesterday :eek: ).

So, there you go.

Regards,

JJ

edit: now @ 1.33
 
lol. So much for weakness. Finally getting down where you would expect for this kind of move. I guess the sellers were overcome.
 
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