Stocks, charts, risk management & coffee

Distribution

spy_010

 

trin_013

SPY is at the top of the trading range. If you look at $TRIN, there is no reason to buy stocks right now. I’m not selling my few holdings, but I’m not adding positions. $TRIN has been pegged above 1 the last three days. Don’t let the market being up a touch fool you into thinking that there isn’t distribution going on.

§2012 · December 16, 2009 · Uncategorized · · [Print]
  • Dave
    Can you explain what the distribution is in this statement?

    "Don’t let the market being up a touch fool you into thinking that there isn’t distribution going on."
  • Nothing more than 3 days straight of TRIN being pegged north of 1 and the last two days being pegged above 1.3.
  • nils1
    Hello


    Can you please address a educational topic about TRIN?
    Thx

    A fan
  • I use the TRIN and TICK indicators intraday to determine the strength of the market. They are both simple indicators to understand.

    Read the content provided in this link. This website did a good job in providing a summary of both TRIN and TICK.

    http://daily-stocks.netfirms.com/trinandtick.htm
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