ARTICLE SYNOPSIS...Calculating Momentum A New Way by Darryl W. Maddox Traditionally, the calculation of market momentum has been a difference calculation. Thus, a momentum indicator for the Dow Jones Industrial Average is calculated by subtracting the closing value on one
ARTICLE SYNOPSIS...Percent Difference Oscillator by Darryl W. Maddox To determine intermediate-term turning points in the Dow Jones Industrial Average (DJIA), I use a procedure that I call a percent difference oscillator. The data gleaned from the use of the oscillator ca