Hi this is my first post here as a new member.
What brought me to the site was a search information on market oscillators, having been told that the S&P oscillator was at negative 5 on Thursday and that this was an almost sure indicator of a bounce in the market. Sure enough, observing the bounce on Friday, I began to wonder if there was such information generally available for all markets, especially FTSE 100, FTSE 250, S&P 500, NASDAQ, where they could be found and how reliable other people have found them in the past for predicting a bounceback or sell-off due to being oversold or overbought?
Any help much appreciated.
Eadwig
What brought me to the site was a search information on market oscillators, having been told that the S&P oscillator was at negative 5 on Thursday and that this was an almost sure indicator of a bounce in the market. Sure enough, observing the bounce on Friday, I began to wonder if there was such information generally available for all markets, especially FTSE 100, FTSE 250, S&P 500, NASDAQ, where they could be found and how reliable other people have found them in the past for predicting a bounceback or sell-off due to being oversold or overbought?
Any help much appreciated.
Eadwig
