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 Thursday September 17, 2020 --

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

Issues traded 3,100 3,101 3,087
Advances 1,167 1,852 985
Declines 1,836 1,153 2,021
Unchanged 97 96 81
New highs 46 89 57
New lows 11 7 22
Adv. volume* 433,555,654 755,591,095 150,881,231
Decl. volume* 597,127,181 305,770,658 742,755,121
Total volume* 1,044,230,112 1,077,069,185 911,078,487
Closing Arms (TRIN)† 0.72 0.63 2.05
Block trades* 5,683 5,516 5,508
Adv. volume 2,015,827,542 3,307,141,576 785,629,015
Decl. volume 2,275,240,025 1,288,441,625 3,311,751,543
Total volume 4,347,050,344 4,671,311,682 4,186,396,313