Technical_Analysis_page_143

Technical | Analysis page 143 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

114 Part Il_ Markets and Market Indicators Ned Davis Research, Inc., (see Figure 7.15) found that the ratio of the 3-month simple moving average to the 45-month simple moving average of short interest was a useful indicator market performance during the 1945-2010 period. When the ratio rose above…