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 Wednesday September 9, 2020 --

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

Issues traded 3,090 3,096 3,081
Advances 2,250 645 1,948
Declines 783 2,385 1,030
Unchanged 57 66 103
New highs 37 25 165
New lows 16 24 12
Adv. volume* 612,205,910 201,050,443 623,885,407
Decl. volume* 237,625,980 809,349,188 253,043,090
Total volume* 859,930,159 1,017,572,370 884,992,615
Closing Arms (TRIN)† 1.22 0.87 0.79
Block trades* 4,861 5,803 5,198
Adv. volume 2,721,328,869 1,102,396,606 3,032,633,214
Decl. volume 1,151,869,115 3,546,169,811 1,258,830,822
Total volume 3,924,403,586 4,684,314,955 4,323,705,885