DailyMarkets.com - NYSE Summation Index Must Not Signal Danger
DailyMarkets.com - NYSE Summation Index Must Not Signal Danger |
NYSE Summation Index Must Not Signal Danger Posted: 27 Nov 2012 01:44 AM PST The NYSE Summation index is a good measure of the liquidity available for stocks. The market needs more than horse power to get higher. If over a period of time NYSE stock advances are over decliners then the NYSE Summation index will be elevated, and best and most healthy readings are above +500 (using NYSE Summation Index Ratio adjusted). When the NYSE Summation Index (Ratio) falls below +500 it requires new liquidity (cold cash) to drive up stocks to pass the +500. Some times the charge … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards |
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