TRIN - futures io
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A technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. The Arms Index, or TRIN (Traders Index), is used as a predictor of future price movements in the market primarily on an intraday basis.

The Arms index is calculated as follows:

TRIN = (advancing issues/declining issues)
(volume of advancing issues/
volume of declining issues)

Read more: Arms Index (TRIN) Definition | Investopedia

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