AI
Monday, February 03, 2003 12:12:03 AM
Now that I seem to get charts working. Bottoming in the market's downward momentum?
Remember this is not a chart of the absolute value of the ratio anymore, but the momentum of the the ratio. Thus a signal change can occur before there is an absolute change in the 7-day moving average of the ratio showing the balance of buying and selling activity in the market. So, it might be over analyzing to try and pick bottoms and tops by looking at the chart of the momentum, as above. Guess we'll see...
Sam
Remember this is not a chart of the absolute value of the ratio anymore, but the momentum of the the ratio. Thus a signal change can occur before there is an absolute change in the 7-day moving average of the ratio showing the balance of buying and selling activity in the market. So, it might be over analyzing to try and pick bottoms and tops by looking at the chart of the momentum, as above. Guess we'll see...
Sam
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