Thursday, March 21, 2013

TRIN Arms Index 2-Minute Chart Real-Time Today

Here is the TRIN in real-time since Keystone references this important indicator each day. The TRIN and TICK must be monitored continuously if day trading.  Today is a bull-bear struggle. 1.00 is neutral. If the TRIN falls under 1.00 that signals market bullishness, above 1.00 and the bears are selling the markets. Today starts out with the bears in charge, but the bulls take over at 10 AM, then the bears, then the bulls again, now the bears again. The moves will correspond to the highs and lows in the SPX and many individual stocks since about 70% or 80% of stocks will tend to move with the SPX.  At 1.16 the bears are happy but they need to move the TRIN higher to usher in stronger selling. TRIN has a sideways vibe to it. Perhaps markets will churn all day as traders wonder how exactly to price the Cyprus dilemma into the market. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.

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