Tuesday, January 31, 2012
3 DAYS AFTER & 4 DAYS PRIOR TO 14 DAY MAXIMAL PVI BUY TNA SINCE RESUMPTION OF UPTREND
3 DAYS AFTER & 4 DAYS PRIOR TO 14 DAY MAXIMAL PVI BUY TNA SINCE RESUMPTION OF UPTREND signal lit end of day yesterday in conjunction with 4 GRID signals (two successive days for each GRID type).
PVI Formula:Take yesterday's Positive Volume Index; If today's volume is greater than yesterday, add:
{ ( Close [today] - Close [yesterday] ) / Close [yesterday] } * PVI [yesterday]. Otherwise, add zero.
GRID SIGNALS:
1 & 2. TNA Close fell then rose then fell, PZO DEMARKIAN OSCILLATOR at 100 for 3 days, REVERSE PZO DEMARKIAN OSCILLATOR at zero for 3 days. The formula for PZO depends on only one condition: If today’s closing price is higher than yesterday’s closing price, then the closing price will have a positive value (bullish); otherwise it will have a negative value (bearish).
Price zone oscillator = 100 x (CP/TC)
where:
CP (Closing position) = X-days Ema (± close)
and
TC (Total close) = X-days Ema (close)
3 & 4. TNA Close fell then rose then fell, MACD-SIGNAL LINE DIFF DEMARKIAN OSCILLATOR at 100 for 3 days, REVERSE MACD-SIGNAL LINE DIFF DEMARKIAN OSCILLATOR at zero for 3 days.
This signal also lit on 1/4/12 & 10/17/11. Both of these days were within consolidative periods.
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