Don't Ignore This Chart!: Weekly Percent Price Oscillator Falls, but Remains Positive for SPY

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Weekly Percent Price Oscillator Falls, but Remains Positive for SPY

August 10, 2012 at 11:19 AM | written by Arthur Hill

The Percent Price Oscillator (PPO) is a momentum oscillator that fluctuates above/below the zero line. While traders use divergences and direction for signals, investors can simply abide by the positive and negative crosses. The bulls have a trend edge when PPO is positive, while the bears have an edge when the PPO is negative.

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