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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Stephen who wrote (4530)	1/22/1999 1:54:00 PM
From: NickSE	Read Replies (2) of 99985

Arms Index aka TRading INdex (TRIN): An advance/decline stock market indicator. A reading of less than 1.0 indicates bullish demand, while greater than 1.0 is bearish. The index is often smoothed with a simple moving average. Formula.... No of Adv. Issues ------------------ No of Dec. Issues TRIN= ------------------ Total Up Volume ------------------ Total Down Volume traders.com Regards, Nick

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