See that thin band to the left of the little green
arrow in the image to the left? I call it the spectrum band. Don't bother, you can't trace it to any
standard technical indicator :D, it's more of a graphical indicator showing how many of the index
linked scrips are on the positive scale and how many are on the negative. The color gradation
shows the mangnitude of their gain or loss. The neutral position is marked with a blue band and
the little gray line shows the middle of the spectrum. This is a quick display to show which way
the market is tilting.
For example, by end of today the little blue band was on the right side, implying that more than
half of the scrips were trading below their last closing price. Also, the pale shade of green
on the right of the neutral marker indicates that the scrips on the positive footing were just
skimming on the positive side without any substantial boost.
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