Monday, March 05, 2012 11:39:04 AM
OBV systems
The original system used the range of the prior 3.5 days to set the trend, and that is now, or pending, short.
The revised system also requires violation of the last 5 day cyclic low (135.50) in order to go from neutral to short. Personally, have used the TL breaks to override the cycle inhibit because of the indication from TL breaks of tops in longer term cycles.
The original system used the range of the prior 3.5 days to set the trend, and that is now, or pending, short.
The revised system also requires violation of the last 5 day cyclic low (135.50) in order to go from neutral to short. Personally, have used the TL breaks to override the cycle inhibit because of the indication from TL breaks of tops in longer term cycles.
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