Fine-tuning the demand index by Thomas E. Aspray
ARTICLE SYNOPSIS ...Fine-tuning the demand index by Thomas E. Aspray
The Demand Index, which utilizes price and volume, calculates the buying pressure and selling pressure exerted on prices. These can be used to create an oscillator to identify accumulation or distribution in both stocks and commodities.
In analyzing the commodity markets, I use a series of approximately twelve technical studies which I
have selected after extensive historical research. If these studies are in agreement (uniformly bearish or
bullish), they determine how much emphasis to put on the daily studies.
For example, if t...