Sunday, March 19, 2017


If markets go up the advance/decline cumulative should support the up move (this doesn't appear to work or validate down moves).
This chart below shows that on daily the recent highs in march was not supported by higher advance/decline line. However the weekly chart does confirm, its unclear how this turns out. I will try to update later point. At least on shorter term, the market might pull back, but the longer term the uptrend appears to be intact.

Use this setup from stockcharts.com
Symbol: $NYAD:$NYTOT
Type: Cumulative
Indicators - Price: $NYA






Use this setup from stockcharts.com
Symbol: $NAAD:!TOVOLNAS
Type: Cumulative
Indicators - Price: $NDX

 



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