Technical_Analysis_page_181

Technical | Analysis page 181 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

152 Part Il_ Markets and Market Indicators as 2.00, a bearish number, yet the market action was obviously bullish (1,000/100 advances to decline). To combat this problem, Dave Steckler calculates a modified index by multiplying advance issues times advancing volume and subtracting from that figure…