NASI Aroon Oscillator (25) -76/+74 on Upticks/Downticks

The $NASI went up today during a post-Complex Top down-leg uptick. The Aroon Oscillator (25) is -76. The latter represents an indicator system that can be used to determine whether or not a stock is trending and the strength of its trend. The Aroon Oscillator signals an upward trend when it rises above zero and a downward trend when it falls below zero. The farther away the oscillator is from the zero line, the stronger the trend. Upticks (green line) occurring at -76 (dashed purple line) were follow by a decline in the SPX (red line). Pre-Complex NASI Top up-leg downticks (blue line) occurring at +74 (dashed tan line) were follow by a rise in the SPX (light green line). The black line was a mega-uptick followed by a decline in the SPX.