Mass Index

tek12

I just noticed the mass index on the daily S&P 500 chart almost hit 27 and could reverse below 26.50. Is this a valid bulge? It came so close to 27, but did not hit it.

markd

Here's the chart school article on Mass Index. Apparently, the 27 level is not written in stone:

https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:mass_index