Market Internals 004 – Trin
TRIN stands for TRaders’ INdex and was developed by Richard Arms in 1989 (it’s also referred to as the Arms Index). Its main purpose is for detecting overbought and oversold levels in the markets.
TRIN stands for TRaders’ INdex and was developed by Richard Arms in 1989 (it’s also referred to as the Arms Index). Its main purpose is for detecting overbought and oversold levels in the markets.
Market Internals are similar to the instrument cluster on your car, without them you really do not know the condition of the market environment or how fast you are moving.