Two different views, one message
NQ A/D line is most useless indicator.. for any indicator to be useful. It need to have decent predictive power. It doesn’t meet even meet min of criteria
Agreed. It should be ignored most of the time. When it actually goes up, it tells us how strong demand is across the market cap and factor landscape.
NQ A/D line is most useless indicator.. for any indicator to be useful. It need to have decent predictive power. It doesn’t meet even meet min of criteria
Agreed. It should be ignored most of the time. When it actually goes up, it tells us how strong demand is across the market cap and factor landscape.