I see, now, what it is you construe as negative. TRIN cannot be negative, but TICK can.
You are saying that if TRIN is less than 100 it is negative.
I watch TICK, TRIN, TIKI, PREM, and a few other indicators every minute that I am trading. You lost me when you said TRIN was negative.
That's all. In your example, I don't view 80 as being biased one way or the other, everything is relative to one's perspective. TICK, for example, has it's bounds for a period of time then the boundaries move. Holding to "Hard and Fast" rules for TICK (for example) is inappropriate, as I can show you data from a short while ago where minus TICKs of 400 points were normal with + 500 TICKS normal.....then + 800 with -300.....now + 300 with -500.
Hell, I remember times when it would have to get to -1300 TICK levels and more to get excited.
Just as long as we are on the same page I'm okay. As I described earlier, I have my own method of following TRIN. |
