iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

My Guide

In uptrending markets it’s hard to best against The PPT when we see an oversold score below 2.60. I’ve had some missteps in the past playing around with this score, but one thing that has remained constant is that the OS score works extremely well in uptrending markets. The overbought score not so much.

Here was the chart I posted last week, as I began to deploy my cash for stocks:

spx___

Just another tool to add to your toolbox. The current score is now 2.99. 

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