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Consumption Indicator of Union Bank Of Switzerland (UBS) is the anticipating economic indicator. Economists use it for forecasting about the future (for 3 - 4 months in advance) consumption of Switzerland people. Also indicator conveys the frequency of consumption. While measuring index value, following figures are used: PMI in retail sphere, the number of new registered automobiles, the amount of booked hotel rooms in the country, consumer sentiment, as well as the number of transfers made through credit cards of UBS bank. All values of those components are published monthly, expect for consumer sentiment index.
Popular article: DeMarker Indicator
DeMarker Indicator is the technical indicator matching current High with the previous Highs. For the first time the indicator was published in the book by Thomas DeMark called "The New Science of Technical Analysis". Originally Mr. DeMark wondered if it is possible to create such a technical instrument that would have no drawbacks that feature the most part of popular indicators. In his book the author introduces indicator as overbought/oversold index with zones showing attenuation of price.
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