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

Tuesday, November 15, 2011

OddsTrader RR oscillator v. traditional type oscillator:





As explained in the User Guide, one should expect the RR oscillator to remain overbought in a downtrend market (cautioning not to get long prematurely), oversold in an uptrend market (cautioning not to get short too early), and to match a traditional oscillator in a sideways market. By contrast, in a trending market, a traditional oscillator will give numerous false overbought/oversold signals.
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