Vinay![]() Elite ![]() ![]() ![]() Posts: 640 Joined: 12/9/2011 Location: Planet Earth ![]() | Originally written by bradkent on 2/13/2014 5:58 PM I don't really use the map concept of industry groups but mostly use VT for the leading indicator to keep an eye on the market trend. Bradkent... I have have read at several places about the "Leading Indicator" and have got the impression that it is some kind of very special indicator, though I must confess that I understand very little about VT in general and Leading Indicator in particular. You said you use it "to keep an eye on the market trend". Is it not possible to keep an eye on the market trend by looking just at the Index value (like DOW, S&P etc) or the Leading Indicator conveys some special information about the market which we can not get by simply looking at the Indices? If the answer is yes then what is that? Thanks in advance. |