trade timing signals - using Advance-Decline line tools

[rimshot]

Link to WSJ end of day Market Diary -

https://www.wsj.com/market-data/stocks/marketsdiary

16-months of daily $NYADV in histogram format -

https://stockcharts.com/c-sc/sc?s=%24NYADV&p=D&yr=1&mn=4&dy=0&i=p09228435053&a=760612625&r=1590534237667

WSJ update for Thursday, July 16, 2020 --

NYSE --- Latest Close --- Previous Close --- Week Ago

Issues traded 3,050 3,064 3,052
Advances 1,356 2,536 787
Declines 1,599 466 2,195
Unchanged 95 62 70
New highs 58 99 85
New lows 6 4 16
Adv. volume* 291,704,184 823,083,159 221,309,038
Decl. volume* 470,777,503 121,110,564 748,011,059
Total volume* 772,800,350 950,756,231 971,990,935
Closing Arms (TRIN)† 1.38 0.78 1.01
Block trades* 5,003 5,468 5,780
Adv. volume 1,499,052,955 4,084,254,992 1,276,195,461
Decl. volume 2,446,310,899 587,528,622 3,584,310,831
Total volume 3,994,458,894 4,703,016,412 4,871,262,965