Sunday, October 11, 2015 5:35:44 PM
IBB SHORT TERM
The Short-Term Volume Oscillator (STVO) (green), the Swenlin Trading Oscillator for Breadth (STO-B) and the Swenlin Trading Oscillator for Volume (STO-V) provide overbought/oversold readings that are useful for roughly 1 to 2 weeks. Watch for extreme readings that signal important overbought/oversold market conditions. Also watch for divergences between the breadth-based and volume-based oscillators.
The Short-Term Volume Oscillator (STVO) (green), the Swenlin Trading Oscillator for Breadth (STO-B) and the Swenlin Trading Oscillator for Volume (STO-V) provide overbought/oversold readings that are useful for roughly 1 to 2 weeks. Watch for extreme readings that signal important overbought/oversold market conditions. Also watch for divergences between the breadth-based and volume-based oscillators.
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