TRIN Arms Index Daily Chart

TRIN Arms index daily chart shows a breakout level for the 10 MA by the blue line. When the 10 MA went above this blue line, the broad markets were selling off. In November, the red box, you can see the selling come in, and then in late January, that swoon was in concert with the 10 MA moving back above the blue line, and now, well, the 10 MA is sneaking up and over the blue line again.

The green box shows uber bullishness during the holiday season. Ever since, however, despite the many many days staying under one, has shown a steady slope back up towards the selling side above one. In the days ahead we see if the red box on the right keeps growing signalling selling in the broad markets. 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.