Re: [RT] SP-500 Indicator

[Ben <profitok@xxxxxxxxxxxxx>]

Hello Peter

 

Are you plotting the on balance volume?

get more accurate insite plotting

 

 

up vol minus down vol as percentage of total volume

and each day you add the percentage or deduct it

Ben

----- Original Message -----

From: Pete Lieber

To: realtraders@xxxxxxxxxxxxxxx

Sent: Tuesday, November 27, 2007 1:41 PM

Subject: [RT] SP-500 Indicator

The attached chart shows the SPX along with a volume indicator.  Unless we have some strong up-volume days, the SPX is likely to fail if and when it gets to the 1450 area.  -  Pete

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