Just a simple explanation about how this works.The charts on the...

  1. 3,690 Posts.
    Just a simple explanation about how this works.

    The charts on the left of each group are 60 days. The ones on the right 11 months.

    The dots on the chart are my MumboJumbo Indicator. If there is a blue dot it means the price movement upward is supported by volume. The yellow the price movement downward is supported by volume.

    The companies shown below the chart are the six most correlated companies of each sector.

    The button next to it is the correlation coefficient of those 6 companies. The idea being that the closer to 1 that they are the closer their relationship and more valuable the chart.

    The next button is the percentage change over the last 10 days.





 
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