NYSE’s Arms Index Implies Price Action Akin to “Panic-Like Selling”, MarketWatch Reports



(Investopedia) “It is used to gauge overall market sentiment. Richard W. Arms, Jr. invented it in 1967, and it measures the relationship between market supply and demand. It serves as a predictor of future price movements in the market, primarily on an intraday basis. It does this by generating overbought and oversold levels, which indicate when the index (and the majority of stocks in it) will change direction”.

(Feb 5, 2020 10:08 a.m. ET), “NYSE’s Arms Index is implying panic-like, sell-on-rally activity”, Marketwatch.com

https://archive.is/AZZm4

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