Extremes formed at the open

["Al Went" <alwent@xxxxxxxxxxx>]

"GraceSys" <gracesys@xxxxxxxxxxxxx> said:

For intraday trend information I find the level and delta of Trin to be 
more useful. You might see that if trin stays steady between .7 and .9 
the market opens on the low and closes on the high, the reverse is true 
if Trin stays steady in a range of 1 - 1.2. Oscillations in trin of more 
than .4 indicate oscillating market w/tradeable legs while steady 
intraday trin indicates trend.

pat

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Sorry for my ignorance but are you referring to trend on the stock 
indices here, like the S&P 500? The only reason I ask is the discussion 
started in reference to bonds. Thanks if you can clarify.

Al Went