Trading Index (TRIN) divergence today. The Emini edged up to 1,347.75 on Wednesday. However, the Trading Index showed a very different picture. Keep reading below and I’ll explain what adjustments I make to the raw data and how this very useful indicator can pin-point market turning points.
The Dow made a stronger up move than the NASDAQ today. The Emini closed up at 1,346.75 on Tuesday. This is the first sign of weakness weÃ¢â‚¬â„¢ve seen in the last 10 days. Keep reading below to understand how larger moves in the Dow can be used to identify market turning points.