One of the things we’ve been monitoring closely over the past month is the new lows list.
I see very often how people love to just subtract random numbers from each other, mostly for the sake of subtracting.
There’s really no reason for it.
For example, lately I’m sure you’ve noticed some traders and analysts taking the new 52-week high list and then arbitrarily subtracting the number of new 52-week lows from it.
lol for what? [Read more…]