Buy TNA

Current signals: TRIN DEMARKER TNA BUY & HOLD TNA FOSC. Richard Arms developed the TRIN indicator (which is also known as the ARMS indicator) in the 1970s. The TRIN indicator is calculated by dividing the Advances/Declines (AD) Issues Ratio by the AD Volume Ratio:TRIN = ((Advancing issues/declining issues) / (advancing volume/declining volume)). The TRIN was developed as a contrarian indicator with the intent of pinpointing the critical levels at which a market becomes overbought or oversold. Generally, a rising TRIN indicates bearish sentiment and a falling TRIN indicates bullish sentiment. The demarker indicator has been explained in a prior post. The TRIN DEMARKER indicator formula utilized also includes the TRIN candlevolume EMV, the TNA BOP, and the daily TNA EMV.
The HOLD TNA FOSC indicator looks for the absence of consolidation on the mean 2h FOSC signals, the presence of a long candle on TNA candlevolume, a positive daily TNA FOSC, daily TNA FOSC signal line and mean 2h TNA FOSC, and a rising successive mean 2h EMV.