RE: [RT] SP-500 Indicator

[Pete Lieber <plieber@xxxxxxxxxxxxxx>]

It is an Accumulation/Distribution indicator of the cumulative volume of 23 industry groups that are weighted as the S&P is weighted.  -  Pete

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To: realtraders@xxxxxxxxxxxxxxx
From: profitok@xxxxxxxxxxxxx
Date: Tue, 27 Nov 2007 13:49:07 -0500
Subject: Re: [RT] SP-500 Indicator

Hello Peter

 

Are you plotting the on balance volume?

get more accurate insite plotting

 

 

up vol minus down vol as percentage of total volume

and each day you add the percentage or deduct it

Ben

----- Original Message -----

From: Pete Lieber

To: realtraders@yahoogroups.com

Sent: Tuesday, November 27, 2007 1:41 PM

Subject: [RT] SP-500 Indicator

The attached chart shows the SPX along with a volume indicator.  Unless we have some strong up-volume days, the SPX is likely to fail if and when it gets to the 1450 area.  -  Pete

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