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 -

* for each day in August & September, the # of NYSE Advancing issues remains
below the June and July highs for this internal, which is
potentially a Negative Divergence of importance ... it will likely be an actionable Divergence
at some future date only if the negative condition persists for multiple weeks/months

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

WSJ update for Wednesday September 2, 2020 --

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

Issues traded 3,081 3,085 3,085
Advances 1,948 1,878 1,175
Declines 1,030 1,120 1,819
Unchanged 103 87 91
New highs 165 112 89
New lows 12 16 11
Adv. volume* 623,885,407 471,740,316 302,235,812
Decl. volume* 253,043,090 337,326,585 438,828,368
Total volume* 884,992,615 814,002,315 745,327,673
Closing Arms (TRIN)† 0.79 1.19 0.81
Block trades* 5,198 5,439 4,672
Adv. volume 3,032,633,214 2,384,717,178 1,664,110,896
Decl. volume 1,258,830,822 1,691,555,977 2,097,022,625
Total volume 4,323,705,885 4,097,448,391 3,779,333,253