http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html Freshly squeezed market commentary & analysis Thu, 20 Nov 2008 18:11:30 +0000 http://wordpress.org/?v=2.0.2 http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-43 Thu, 18 May 2006 06:22:28 +0000 http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-43 [...] And today, the ratio of TSX % above 50MA and 200MA - which I mentioned just yesterday - reached 0.39. At this level it is seriously oversold and is just begging for a snap back rally. [...] […] And today, the ratio of TSX % above 50MA and 200MA - which I mentioned just yesterday - reached 0.39. At this level it is seriously oversold and is just begging for a snap back rally. […]

]]> http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-34 Wed, 17 May 2006 16:30:50 +0000 http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-34 Perhaps my explanation wasn't clear enough. Of course you can not have more than 100% or less than 0% of stocks above any MA. The right scale of the graph is showing a ratio: the % of stocks above 50 MA divided by the % of stocks above 200 MA (in the TSX Composite). As I point out, that is my <a href="http://tradersnarrative.com/timing-the-market-with-above-ma-ratios-32.html">unique take on this metric</a>. Hope that is clear now. Perhaps my explanation wasn’t clear enough. Of course you can not have more than 100% or less than 0% of stocks above any MA. The right scale of the graph is showing a ratio: the % of stocks above 50 MA divided by the % of stocks above 200 MA (in the TSX Composite). As I point out, that is my unique take on this metric. Hope that is clear now.

]]> http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-32 Wed, 17 May 2006 06:34:48 +0000 http://www.tradersnarrative.com/looking-at-the-tsx-composite-180.html#comment-32 I don't get the right scale... can there be more than 100% of stocks above both their 50 and 200 day MAs? Should 1.00 be the max? I don’t get the right scale… can there be more than 100% of stocks above both their 50 and 200 day MAs? Should 1.00 be the max?

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