Force Vectors are the golden lines. When
moving up, the ETF is a non-bearish bias on a
quick-term basis. Although they appear nervous, they are much smoother
than the security's underlying price (the white line). A robust Force
Vector obviates the market's immediate bias (bullish or bearish).
Vector Pressure is the green curve. When it
is below the Indicant Line (light blue), the ETF has a bearish sentiment
on a
quick-term basis.
A robust Force Vector allows for
option
stalking. Please read on. Scroll down to view the chart and clicking
the link for continuing this tour.