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Re: None

Monday, 07/28/2014 6:17:23 AM

Monday, July 28, 2014 6:17:23 AM

Post# of 821321
The traditional use of the Negative Volume Index is quite simple. According to Fosback, the odds favor a bull market when NVI is above its 255-day EMA and the odds favor a bear market when NVI is below. However, Fosback notes that these odds are not symmetrical. There is a 96% chance of a bull market when NVI is above its 255-day EMA, but only a 53% chance of a bear market when NVI is below its 255-day EMA.

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