S&P Oscillator

Discussion in 'Technical Analysis' started by nravo, Jan 9, 2008.

  1. nravo


    I keep hearing about this, but how do I subscribe or find it? (How much, too?) It's not ont he S&P site.
  2. its a top secret thing that no one has.

    ((High - Open) + (Close - Low)) / (2 * (High - Low))

    tell jim cramer its out now.
  3. nravo


    So, there really isn't an S&P oscillator? It's not mentioned on the S&P products site.
  4. nravo


    Didn't see a subscriber link on that post.
  5. gerhardps


    I don't believe that this is the correct formula as the s&p oscillator that Cramer references goes negative indicating an oversold condition.
  6. The oscillator that Cramer refers to is a proprietary one that shows up in the paper charts that arrive at his doorstep over the weekend.

    It's an indicator that has been around for a long, long, time and if my memory serves me correctly it might actually be something from Investor's Intelligence.

    I used to know, but its been so long that I have forgotten where this oscillator actually came from.
  7. snake


    I don't see how this works or corresponds to your chart. Are you just using daily prices in this formula (i.e. day's high - day's open), etc?

    Could you elaborate further on how you calculated your chart?