trade timing signals - using Advance-Decline line tools

[NASARAVI]

RIM NET ADV & DEC and Cumulative ADLINE

- yes the charts you showed for today 61 afpdvancers and 39 decliners out of 100 for NASDAQ 100 index

- 61 Plus 39 is 100 issues

- 61 minus 39 is 22 issues for August 3

Cumulative advacnce decline line that the 4 charts I watch are accumulated net advances minutes declines for the subject index for teh chart duration plotted -

It is too much to watch daily numbers - cumulative gives understanding of breadth and strength of the markets

takeaway

Looking at NDX chart the QQQ want go up more on low breadth - hidden under the rug is the true story of breadth and strength

Yes - we had couple of good days in trading - at least will not make mistakes like going long when we are coming down and vice versa

Bottom line - looking at many traders they just don't seem to understand how simple yet profound the cumulative AD lines and MC ISC and MCSUM are.

Each one is trading by many indicators that are so crude.

I reproduced your AAPL chart - I am studying the nuances of it. I want to catch a good stock and ride up from 2009-2018 kind of run. Hope I get a bear market before too long.

Using multiple %BB and BB 15,2 monthly I could clearly see that we are outside teh UBB - so better to stay out now for AAPL.

Charting daily advances and declines helps to gauge teh markets impending tops and bottoms. I think USHL5 does that but this is for NDX index.

Have a great weekend.