RE: Market Breadth Extra
(2014-04-28, 09:10 PM)ksarkar77 Wrote: Isa Trader,
Thank you for the chart. What does the Amber color box means in the breadth chart?
On the sectors I colour by the direction of the week as there's only one data point a week, so I can't create the P&F chart which would give the signals. So Amber means neutral direction, and on the NYSE box where the data is daily and hence can be plotted on the P&F chart the colour represents the P&F signal that the broad market is on, so either Buy (green), Sell (red) or Neutral (amber). Sorry if a bit confusing.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.