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Re: [RT] SP-500 Indicator



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That was William's on balance volume indicator rather the Granville's
----- Original Message -----
From: Ben
Sent: Tuesday, November 27, 2007 10:49 AM
Subject: Re: [RT] SP-500 Indicator

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 -----
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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