The Traderszone Network

Published in TZ Latest News 31 October, 2017 by The TZ Newswire Staff

Swenlin Trading Oscillators Reaching Oversold Levels

The Swenlin Trading Oscillator (STO) is an overbought/oversold indicator that can assist in identifying short-term tops and bottoms. There are two versions, one using advances and declines (STO-B), and one using advancing and declining volume (STO-V). DecisionPoint analysis considers these to be short-term indicators. Right now they are quickly reaching oversold levels not seen since August when we saw the rally begin a steady rise.

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