TSPIntel
Member
This is one you need to pay attention to:
Stochastic Oscillator
What Does Stochastic Oscillator Mean?
A technical momentum indicator that compares a security's closing price to its price range over a given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. This indicator is calculated with the following formula:
%K = 100[(C - L14)/(H14 - L14)] (more)
http://www.investopedia.com/terms/s/stochasticoscillator.asp
nnuut: You are right on the money, we need to pay attention to the %K and %D Stochastic Osillator. YAHOO charts provides us those indicators. Also the candle sticks are good to watch. TSPTalk did have an outanding observation on the S&P gap also. The sentiment survey is a huge plus also. To do a profitable IFT is an art.