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Short-Term Trading Index (Arms Index, TRIN, MKDS)

A ratio of the volume in the average advancing stock to the volume in the average down stock. It monitors whether the average up (down) stock is currently getting its share of the volume. A reading of one (1) indicates there is an even amount of volume in the average up and down stocks. 0.50 means there is twice as much volume in the average up stock as in the average down stock. 2.00 is the exact opposite, or twice as much volume in the average down stock.

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