trade timing signals - using Advance-Decline line tools

[NASARAVI]

RIM and RCKS

1. Started looking at BB width and concur that except DOW all other indices display a declining trend

2. A/D line for all four indices shows 19 over 39 over 50 indicating still in uptrend

3. DOW Mc Osc is above 0, while for other three indices are trending down and below 0 (ST directional view)

4. LT view using the Mc SUM index - shows DOW SUM index turning up and raising, for other three indices we have all above 500 but turning down

Takeaway

1. DOW is stronger than other 3 indices