Sell Relative Strength Index Estimates Selloff Risk from Profit Accumulation

Summary

The document introduces Howard Wand’s Sell Relative Strength Index, also called the sell gravitation index, as featured in a 2019 magazine issue. It describes the indicator as using the amount of accumulated profits to estimate the size of a possible subsequent selloff. Its chart convention assigns green to buy signals, red to sell signals, and yellow to a balance between buying and selling signals.

This brief description does not provide the indicator’s formula, parameters, calculation examples, or empirical testing. It therefore offers a high-level concept for interpreting potential selling pressure, rather than enough information to reproduce or evaluate the method. The relationship between accumulated profits and later declines is presented as the indicator’s rationale, but the text gives no evidence about predictive accuracy, suitable markets, time horizons, or risk controls.

Key ideas

• The Sell Relative Strength Index is attributed to Howard Wand and is also called the sell gravitation index.
• The indicator is described as estimating possible selloff size from accumulated profits.
• Its chart uses green for buy signals, red for sell signals, and yellow for a balance of signals.
• The document supplies no formula, parameter settings, or empirical evidence for the indicator’s predictive value.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.