Hi All,
Just needed to share this :
1. Daily Market Direction
a. If TRIN GAPS up, then find where to short the market.
b. If TRIN GAPS down, then find where to long the market.
c. If TRIN GAP fills then condition has changed in the opposite way. But happens rarely.
2. Market Exits/Reversal
a. Compare MER/SPX on a single chart
b. Any significant GAP between MER/SPX signals a reversal.
c. Any of such in(b.) is eventually filled when occured before the last hour of trade.
Good Trading
TE
Just needed to share this :
1. Daily Market Direction
a. If TRIN GAPS up, then find where to short the market.
b. If TRIN GAPS down, then find where to long the market.
c. If TRIN GAP fills then condition has changed in the opposite way. But happens rarely.
2. Market Exits/Reversal
a. Compare MER/SPX on a single chart
b. Any significant GAP between MER/SPX signals a reversal.
c. Any of such in(b.) is eventually filled when occured before the last hour of trade.
Good Trading
TE
