trade timing signals - using Advance-Decline line tools

[rimshot]

8/01 end of day comment:

the cumulative A-D line is the sum of the daily Advance-Decline values

the 5-day ema applied to the daily A-D values is above the zero line as of July 31st for:

S&P 500 - 5 days above
S&P 100 - 6 days above
Dow Jones Industrial - 6 days above

* this is very bullish while the 5-day ema
continues above the zero line ...
price pullbacks are likely to be bought only as long
as this bullish condition by the 5-day ema for the daily A-D values continues

NYSE cso and all issues 5-day ema's are oscillating above and below the zero line for several weeks

ditto the NDX 5-day ema for the daily A-D values

COMPQ tends to nearly always have a negative A-D bias and has little merit for usefulness, at most times in the year