What is considered "smart" is simply based on an indicator's historical record at extremes. If an indicator is usually showing excessive pessimism near a market peak, and excessive optimism near a market bottom, then that indicator will be included in our Smart Money calculation. And if it consistently shows too much pessimism near a low and too much optimism near a high, it will be considered Dumb Money.
Vengono presi vari indicatori; a seconda del loro co portamento agli estremi del mercato vengono classificati come Smart o Dumb.
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