Barchart will predominantly work with the two main indicators of 'volume' and 'RSI' (risk) - these two main indicators are then coupled with numerous other indicators yet working in correlation to the two principle indicators agian of 'volume' and 'RSI'. For example, if the volatility is high and the SP is somewhat acting irrationally it does not take precedence over 'volume' and 'RSI'. It is in theory a weighted index - hope this makes sense!
On that note out of 30 technical indicators normally prescribed I use 12 - currently I am on 10 out of those 12 for a 100% bounce over the next 2 months. So riddle me this, when it does bounce (which it will) was it the technicalities OR the fundamentals? (lol)
NL
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