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--- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> Far from nebulous aphorisms, technically speaking for the
> near future, in Nasdaq 100 group the Trending or Trading
> indicator has reached at 99%, (the only exception is WCOM
> with its premature rally) and stays there the last 3 days.
> Past history indicates that the indicator will not remain at this
> extreme value. A congestion is ready to begin.
> In Market Direction graph, congestive phase (yellow line) is
> increasing the last 3 days. Bears (red line) are still sleeping.
> Dimitris Tsokakis
Hi,
I am interested in this indicator. Could you post the formula?
Thanks a lot.
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