| NEM - Newmont - TigerSoft Technical
Tools See much more - www.tigersoft.com ( http://www.tigersoftware.com/NEM-STUDY/ClosingPower/index.htm ) An Introduction to TigerSoft Charts (C) 2008 William Schmidt, Ph.D. Basic TigerSoft Charts On Buy. Best system has gained 75% for the last 12 months. 40-42 is yearly support. 3 standard deviations away from flat least squares' line. 2nd, 3rd and 4th best systems are on Buys. Internal Strength Indicators are still falling: OBV - measures aggressive Buying/Selling. Still in downtrend. Accum. Index - still in downtredn and below its black MA. ITRS (Relative Strength versus the DJI) - declining.
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TigerSoft Opening (Public
Buying/Selling ) and Closing Power (Professional Buying/Selling )
TigerSoft
Day-Traders' ToolDay traders tend to be professionals. They have been more bullish than the price action for the last six months. The recent downtrendline of the Tiger Day-Traders' Tool has been violated. It pays to trade with trend-breaks in this tool when a trend of 6 weeks or more is violated. ![]() |