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 22, 2020 --

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

Issues traded 3,112 3,111 3,103
Advances 1,710 443 1,652
Declines 1,321 2,623 1,366
Unchanged 81 45 85
New highs 30 19 100
New lows 26 42 10
Adv. volume* 485,203,256 132,426,378 393,360,332
Decl. volume* 449,334,176 1,086,356,721 440,797,123
Total volume* 947,037,652 1,221,664,949 841,462,493
Closing Arms (TRIN)† 1.22 1.25 1.33
Block trades* 4,895 6,166 5,280
Adv. volume 2,047,741,705 571,457,588 1,931,925,557
Decl. volume 1,928,721,427 4,243,317,114 2,124,996,906
Total volume 4,028,868,563 4,828,383,415 4,092,430,480