Indices Analysis Summary Continuing from the previous article, the analysis of the various rankings for the indices shows that the data in the table is robust and accurate. In summary, there are two types of overall trendiness measures; Trendiness One uses all of the data to determine trendiness, and Trendless uses only the trending data determined by the filtered wave value and the trend length. Of course, Trendiness One is the complement of Trendless analysis. They are still measuring trendiness, just in two different arenas. There are also two measures of Up Trendiness using the same concept. This could have just as easily been a ranking of down trendiness, but I think up trendiness is more prevalent in most markets. Appendix B contains a number of tables that show the tables ordered by their ranks, which makes it easier to find the ranking you are looking for. The following tables…
