Chart of the Week – May 30, 2004 - Brett Steenbarger
Before I ever ran the numbers I knew I had a good indicator—perhaps my best to date. ... dominance of sellers during panic periods. Until we have a downturn in the Market Balance Index, it is premature for swing traders to short the market. ... I am conducting historical tests and will follow the Balance measures in the Weblog going forward ... ................
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