trade timing signals - using Advance-Decline line tools

[NASARAVI]

RIM - August 14 update

Have all the emails and chart - thanks. Lots of stuff to discuss and observe.

1. PMOAZNDX @67 still below MAs - but no 34/63 cross down as yet watch

2. ADLINENDX improved dramatically above 19 ema - good (19 above 39 above 50) good

3. While NDX and NAS MCOSC a turned up still below 0

4. NDX MCOSC from March -now shows peak in May but lower highs now

Low put in March and a higher low in June end (higher lows and lower highs) but price moving up
Showing negative divergence - watch

5. MCSUM as well showing lower highs since May while price is moving up - negative divergence

6. NDX MCSUM still below 5 ema

7. % BB 21 and 50 are heading higher since yesterday indicative of expanding BB 21 and 50

8. NYAD has turned up good as well

9. Price at 2839 spx and UBB 350,2 daily at 2896

10. While all MCOSC are below zero - they all turned up and above LBB and trending up

Takeaway - market put in a ST bottom - could not go below 20 MA - heading higher now