trade timing signals - using Advance-Decline line tools

[NASARAVI]

RIM and RCKS - update for July 27 closing

Simplicity is ultimate sophistication - Leonardo. By chipping away unwanted material, Michelangelo created statue of David.

You have eliminated noise and unwanted indicators - I have picked up on the following:

3 indicators - AD Line, MCOSC, MCSUM
2 charts - ADLINE and PMOAZNDX
1 Index - NDX

Thanks to your guidance and mentoring, I feel focused on task at hand. After today's review here's my notes:

Trying to keep it simple - using NDX index only and same 4 point format as below

1. PMONZNDX - > 0 at 723 (LT is still in uptrend) - looking at MCSUM on NASDAQ started down earlier than NDX and accelerating as dot distance is spreading

2. AD line at recent top had triple top -at 669.10 clue for the top with -ve divergence

3. MCOSC topped at 9.22 now below 0 and showed -ve Divergence at the recent top

4. MCSUM elder is in red and below ema 3 discriminator so hedging down

5. Takeaway - NDX is a sell mode at least in the ST