S&P500 Advance-Decline breadth line and volume line:
September 9th comments:
* both A-D lines have posted four higher lows since late August, and until this higher low pattern is violated for the A-D lines, the "compression pattern" requires high vigilance for the next directional outcome by the A-D lines and by the price action
fyi - I have marked the prior all-time high achieved by each A-D line at the end of August, 2014 with one of the selected green horizontal lines ... be alert if the August, 2014 Advance-Decline breadth high is tested from above during 2015
S&P500 McClellan Oscillator:
September 9th comments:
* the McO has posted four higher lows since late August, similar to the A-D lines for the S&P 500 index
September 9th comments:
* both A-D lines have posted four higher lows since late August, and until this higher low pattern is violated for the A-D lines, the "compression pattern" requires high vigilance for the next directional outcome by the A-D lines and by the price action
fyi - I have marked the prior all-time high achieved by each A-D line at the end of August, 2014 with one of the selected green horizontal lines ... be alert if the August, 2014 Advance-Decline breadth high is tested from above during 2015
S&P500 McClellan Oscillator:
September 9th comments:
* the McO has posted four higher lows since late August, similar to the A-D lines for the S&P 500 index
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