- Rank: 13
- Followers: 100
- Votes: 144
- Years Member: 16
- Last Update: 24 May 2018, 20:34
Good luck trading.
Thanks for your Votes and Follows. They mean a lot.
The Summation Index is a breadth indicator based on net advancing stocks, and has a high degree of reliability for IT market direction. Applying an SAR overlay identifies Buy/Sell points. In sideways markets, Summation is prone to head fakes in either direction. It works in tandem with the McClellan Timer, and the two work to confirm one another. McClellan triggers are usually ahead of Summation signals.
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.