Technical indicators come in three time zones.
A leading indicator tells what's going to happen -- like the smell of pizza in a box suggests that a meal's near.
A coincident indicator tells what's happening now -- the pizza's being eaten.
A lagging indicator tells what happened -- like an empty pizza box.
But some things don't act as indicators at all -- a pizza coupon in the newspaper doesn't necessarily mean a meal is about to happen, is happening or has happened.
When considering indicators, it's also important to remember that the closer a predictive value comes to 50-50, the less useful it is. You might as well flip a coin.
The NBA just issued its first gambling ban in 70 years, booting Jontay
Porter for committing the league’s ‘cardinal sin’
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The NBA has put its sneaker-clad foot down on players’ sports betting. The
league banned Toronto Raptors forward-center Jontay Porter for life after
he sha...
27 minutes ago
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