Market Breadth Data******************************

Sunday, May 22, 2011

This is a quick note, just to point out the difference between the Risk/Reward (R/R) Oscillator and traditional oscillators, found in most charting packages.



The traditional oscillator can remain overbought/oversold in strong trending markets for a long time, giving you a lot of false signals.


The R/R Osc., by contrast, remains oversold in uptrends, and overbought in downtrends, giving you clues when to pyramid up or down.
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