Absolute Breadth Index – See How to Identify Trading Opportunities

Absolute Breadth Index Overview The Absolute Breadth Index or ABI steps store volatility. Unlike other technical programs, the ABI will not predict store leadership. Thus the index is called the moving nowhere index. The inventor of the index, Norman G. Fosback, before all else introduced the index from the publication “Stock store logic”. If you would like to go deeper in the novel, check it from Amazon. How to Calculate the ABI The ABI is a simple calculation and is the following: (Number of Advancing Issue – Number Declining Issue)/(Number…

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