Thursday, January 7, 2016

chart: Volume Oscillator


Above is the S&P500 and the Volume Oscillator (VO).  The VO is currently oversold and in a buy area as noted by the green horizontal line.  Use other indicators always as a confirmation.
This VO was an indicator used by the late Terry Laundry, may he RIP.  He attended MIT and graduated as an engineer, but pursued a successful career in the analysis of financial markets and also managed client accounts.  Much of his time was spent in researching the time symmetry in financial markets.  Terry had named his work "T-Theory". 

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results

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