Replies to post #6430 on MDA - Market Direction Analysis (MDA)

[hiker]

The only local max (your red solid lines) in BPNDX/VXN w/o a counterpart on the NDX is the last one, so my tongue-in-cheek comment about the ratio leading the NDX. [My original msg should have said BPNDX/VXN instead of BPNDX].