$TRIN down 58%?

can this be? This, in theory a very bullish sign....

 

i think that percentage is relative to 1. read more about tick trin here: http://www.stockcharts.com/education/IndicatorAnalysis/indic_TRIN.html

--RS

 

Thanks...
yes that's (URL) what I was reading too and 58% was a rather extreme number.....

 

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.
http://www.investopedia.com/terms/a/arms.asp

--RS