Replies to post #6749 on MDA - Market Direction Analysis (MDA)

[Tom K]

kevinb - trend, range shift, whatever you want to call it, the point is that bpcompq has recorded higher highs and higher lows over the past six years.

Ned Davis says the best approach to using OB/OS indicators is to wait until they go to an extreme and reverse (because nobody really knows how high is too high and how low is too low) in advance.