After a vigorous session in his Market Laboratory, Dr. K has made a current adjustment to the threshold levels for the percentage moves required in the major market indexes in order to qualify as a follow-through-day (FTD). Previously this was 1.5%, but as a result of Dr. K's updated, real-time market studies and research the thresholds have now been adjusted to 1.4% for the NASDAQ Composite Index and 1.3% for the S&P 500 Index. The markets remain dynamic, as always, and our approach to the market at VoSI remains dynamic as well as we constantly adjust our methodology based on evolving and changing real-time market evidence and statistics.
MDM - New Threshold Levels for Follow-Through Days
|Published:||6 Feb 2011 20:38 ET|
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