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The ASBRAE 6 and the S&P 500 Breakouts
When I built this I wanted to build something that wouldn't have me chasing the tail of the S&P 500 and a lot of your regular technical analysis will do that right. Your breakouts through whatever it might be a support level, a moving average cross, a stochastic are, man D, they're closely tied to the S-P 500. Even for trading volume I'm using on balance volume cumulative volume which has a little bit of a different spin on it than just seeing how many shares were traded during the day. It's pretty interesting how your ASBRAE 6 really does kind of coincide with a lot of our signals. You've got corporate bond spreads and all