What are the Moving Averages Components of a Market Configuration?
A Market Configuration consists of four Moving Averages Components, as follows: • 15 week Moving Average of Advances minus Declines of all stocks measured by the subject Market Index utilized to monitor the subject Markets momentum. Advances is the number of stocks in the Market that increased in price during the measured week. Declines is the number of stocks in the Market that decreased in price during the measured week. Thus, Advances minus Declines is the number of Declines subtracted from the number of Advances, resulting in a single net number for each week. This weekly number can be either positive (in the event that more stocks rose in price) or negative (in the event that more stocks fell in price). In fact, the 15 week Moving Average can be either positive or negative it doesnt really matter. What is important is to know whether the Average moved UP or DOWN in relation to the previous week. A commonly used abbreviation or shorthand for this Moving Average within this Web is [
