Monday, September 12, 2016 2:04:07 PM
No selling climax yet ....by art hill
Based on recent signals, a selling climax occurs when SPY volume exceeds 300 million shares and/or the Percentage Volume Oscillator (2,250,1) exceeds 100, which means the 2-day EMA of volume is more than double the 250-day EMA of volume. The prior three signals are marked in green and SPY has yet to experience a selling climax, which means we may see more downside.
Based on recent signals, a selling climax occurs when SPY volume exceeds 300 million shares and/or the Percentage Volume Oscillator (2,250,1) exceeds 100, which means the 2-day EMA of volume is more than double the 250-day EMA of volume. The prior three signals are marked in green and SPY has yet to experience a selling climax, which means we may see more downside.
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