The Price Momentum Oscillator (PMO), the Volume Trend Oscillator, the Intermediate-Term Breadth Momentum oscillator (ITBM), and the Intermediate-Term Volume Momentum oscillator (ITVM) can help identify significant overbought/oversold conditions that often preceed important trend changes over the course of several weeks/months. Watch for extreme readings in these oscillators that provide "early warnings" for market turns. Also watch for intermediate-term buy/sell signals that are given when these oscillators cross their 10-day EMAs.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must! gtsourdinis
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