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 represents
a Negative Divergence of importance...

it has recently represented an actionable Divergence
and may be again at future dates 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 Tuesday September 8, 2020 --

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

Issues traded 3,096 3,088 3,085
Advances 645 1,218 1,878
Declines 2,385 1,789 1,120
Unchanged 66 81 87
New highs 25 31 112
New lows 24 20 16
Adv. volume* 201,050,443 432,859,050 471,740,316
Decl. volume* 809,349,188 505,040,705 337,326,585
Total volume* 1,017,572,370 959,271,639 814,002,315
Closing Arms (TRIN)† 0.87 0.74 1.19
Block trades* 5,803 5,948 5,439
Adv. volume 1,102,396,606 2,100,635,292 2,384,717,178
Decl. volume 3,546,169,811 2,289,120,353 1,691,555,977
Total volume 4,684,314,955 4,463,963,114 4,097,448,391