[isatrader]

Breadth chart, DJI & NYSE. I've added cummulative advancing / declining volume (advancing-declining)/(advancing+declining+unchanged) in this chart. Both the advance / decline line and this new line have made recent lows that are essentially at the same level. At best I assume that things might go either way.

What i see when looking at that chart is the advance decline line is above it's 50 day MA now, which it's been below since June, and the MA is also flattening. Plus the New Highs New Lows is showing a positive divergence with a higher low and moving back above it's zero line. So some positives creeping in, although the AD line is still a little under the 200 day MA.