IB's Trin

Discussion in 'Technical Analysis' started by Bearbelly, Oct 4, 2006.

  1. 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.
  2. Heres my chart of trin this morning.

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


    Hi Bearbelly,

    I'm watching Nyse Trin from Ib and also another data source. They are tracking to within .01 this morning.
  4. 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.



    edit: now @ 1.33
  5. I read it as weakness also so I want to make sure I'm getting the correct information. Thanks guys.
  6. lol. So much for weakness. Finally getting down where you would expect for this kind of move. I guess the sellers were overcome.