Posted by amp43679 on 27th of Oct 2009 at 01:46 pm
I have been watching NYSE 52 week high/52 week low ratio for the
last few weeks. Everyday, it ranges from 10:1 to 6:1.
Today, it is 2.2:1, the lowest I have seen it since
September. Steve posted the criterion for Hindberg
Omen a few months ago and 4th condition, that must
occur,was 52 week highs could not exceed 52 week low by more than
2x, but the other three conditions must also be met. Anyway,
just keeping an eye on it.
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NYSE High/Low Ratio
Posted by amp43679 on 27th of Oct 2009 at 01:46 pm
I have been watching NYSE 52 week high/52 week low ratio for the last few weeks. Everyday, it ranges from 10:1 to 6:1. Today, it is 2.2:1, the lowest I have seen it since September. Steve posted the criterion for Hindberg Omen a few months ago and 4th condition, that must occur,was 52 week highs could not exceed 52 week low by more than 2x, but the other three conditions must also be met. Anyway, just keeping an eye on it.