IB's Trin

I have a trin reading right now of 1.3 and around 11 it was almost 1.5 all the while the market is climbing. Can somebody with a different data feed confirm these figures. I am beginning to suspect that IB trin data is suspect.

 

Heres my chart of trin this morning.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1221291">

 

Hi Bearbelly,

I'm watching Nyse Trin from Ib and also another data source. They are tracking to within .01 this morning.

 

If it's currently at/around 1.30, you're good.

There are a number of ways to interpret it, basically, when I've seen this before, it mean't the market was selling into strength (it had a similar reading yesterday :eek: ).

So, there you go.

Regards,

JJ

edit: now @ 1.33

 

I read it as weakness also so I want to make sure I'm getting the correct information. Thanks guys.

 

lol. So much for weakness. Finally getting down where you would expect for this kind of move. I guess the sellers were overcome.