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Barrometrics Forum > Public Area > Barros Swings & Market Commentaries > DJIA
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Author Topic: DJIA  (Read 113 times)
Rob
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« on: May 20, 2010, 05:18:22 PM »
Here's a chart of the DJIA and a little modification I made to Barros Swings.  I have this index overbought at 36% (1.75 standard deviations).  Swing BC wasn't caught by BS but I believe it is a valid 13w swing because it did hit the corrective time-price window.  This worked out well again because the market corrected at D again after becoming OB.

Cool stuff.

Rob
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Rob
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« Reply #1 on: May 20, 2010, 05:43:45 PM »
Here's the same situation for the SP500.  37% is OB.

Rob
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