Description
This is one of the latest tools in SpikeTrade. We’ve always used the New High – New Low Index to track the leaders in strength or weakness. Adding capitalization to NH-NL reveals the flow of big money.
In this class we’ll review the construction of Cap-NHNL and its main signals, such as extremes and divergences. Its daily data is free, but historical data not available. We’ve been collecting it manually for over two years – enough to begin drawing some useful conclusions.
As always, the recording of this class will include a PDF of the presentation.
