TRIN Arms Index

TRIN Arms Index below one says the bulls are in control, above one and the bears are growling. Watch the TRIN in real-time throughout the trading day to note the trading preference. For the last month or two, as this broad market topping behavior continues, the TRIN has shown a long period of sub 1.0 readings, reinforcing all the bullish sentiment the last couple of months.

To initiate the April 2010 sell off, the 20 MA crossed above the 50 MA, which is also the case now. TRIN should now revert back to the mean and start to favor prints above 1.0 here on out, which will be in concert with broad market selling. Verification of continued broad market selling will occur as TRIN price moves above the 20 MA above the 50 MA above the 200 MA just like May 2010. Of concern, is that this behavior, along with the CPC, is the same behavior that preceded the early May 2010 Flash Crash event. This information is for educational and entertainment purposes only--do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.