The Mass Index by Donald Dorsey
ARTICLE SYNOPSIS ...The Mass Index
by Donald Dorsey
Range oscillation, not often covered by students of technical analysis, delves into repetitive market
patterns during which the daily trading range narrows and widens. Examining this pattern, Donald
Dorsey explains, allows the technician to forecast market reversals that other indicators may miss.
Dorsey proposes the use of range oscillators in his mass index.
Range oscillation is one of the least explored areas of technical analysis. Typically, markets tend to
repeat a pattern in which the average daily range (that is, the difference between the high and low)...