Futures are up. Yesterday's JUMP SHIP & CHANNEL START indicator signals would have suggested a switch from TNA to TZA. A formula involving VIX Demarker change, closing price change and daily high-low difference was developed. Values between 900and 1550 occurred during Consolidative Periods (CP). Yesterday read >5000, suggesting that the new channel had already started. The formula may function to identify CP days and as an ELT for days with alot of stock movement. It was elected to stay with the TNA because of the acuity of yesterday's price moves.
Anatidae Anas platyrhynchos, Mallard Duck, on the move...
No comments:
Post a Comment