Advance Decline Charts and US New Highs New Lows
Attached is the updated NYSE and Nasdaq Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.
Note: Pullback evident across the AD line charts. However, the 10 and 30 day exponential moving averages haven't crossed to the downside on any of the charts. So no change in the signal that went positive in mid January in all four charts.
The McClellan Summation Index has given short term negative signals however on both the NYSE and Nasdaq charts.
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Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.