V.11:12 (506-511): SIDEBAR: MARKET THRUST

MARKET THRUST

In a spreadsheet, the cumulative market thrust line and the thrust oscillator (TO) use the daily number of advancing issues, declining issues, upside volume and downside volume. In Figure 1, the NYSE Composite is column B, the number of advancing stocks is column C and the number of declining stocks is column D. The volume of advancing stocks is in column E and the volume of stocks declining in column F. The daily market thrust is calculated in column G. The following formula is entered into cell G2 and copied down:

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