trade timing signals - using Advance-Decline line tools

[NASARAVI]

RIM - August 13 update

1. PMOAZNDX - @ 66 going lower indicates downtrend 34/63 lines trying to cross down - watch similar to march 15 when cross was bad for index

2. ADLINE NDX is below 19 ema now - MAs 1 below 3 below 5 - downtrend - slope of ema 19 dnegative

3. NDX MCOSC and NAS MCOSC both below 0 - down trend

4. NDX MCSUM below its ema 5 - downtrend

5. % BB 21,2 below 0.5 down trend

6. NYAD at -909 (bottom at -1000?

takeaway

NDX is solidly in downtrend - watch indicators above carefully for any change to upside

NYAD is showing downtrend

NDX|spx ratio is down trending