$TRIN down 58%?

Discussion in 'Trading' started by oil_trader, Nov 7, 2005.

  1. can this be? This, in theory a very bullish sign....
  2. Thanks...
    yes that's (URL) what I was reading too and 58% was a rather extreme number.....
  3. high OilTrader,

    the TRIN goes up and down all day, relative to 1

    what you're just seeing is a percent change for an indicator where absolute percent change should not be used.