Technical_Analysis_page_185

Technical | Analysis page 185 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

156 Part Il_ Markets and Market Indicators High Low Logic Index Norman Fosback (1976) is the developer of the high-low logic index. This index is defined as the lesser of two ratios: the number of weekly new highs to total issues or the number of weekly new lows to total issues. Low index levels…