Tuesday, June 26, 2007


I'm going to use the TRIN today instead of the TICKS to try and gauge short term moves.

On Briefing, they give the following guidelines

TRIN reading:
.65 or lower, very bullish
.65-.90 bullish
.90-1.1 neutral
1.1-1.35 bearish
1.35 or above very bearish

Does anyone out there use this indicator and concur or disagree with these general levels?

1 comment:

Jeff said...

just be careful that soemtimes one or a couple of stocks can screw with the index - also a course look at the trend of the tirn too to judge where things are going