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 23, 2020 --

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

Issues traded 3,108 3,112 3,101
Advances 310 1,710 1,852
Declines 2,757 1,321 1,153
Unchanged 41 81 96
New highs 28 30 89
New lows 54 26 7
Adv. volume* 95,308,767 485,203,256 755,591,095
Decl. volume* 901,301,792 449,334,176 305,770,658
Total volume* 1,002,410,614 947,037,652 1,077,069,185
Closing Arms (TRIN)† 0.92 1.22 0.63
Block trades* 5,751 4,895 5,516
Adv. volume 477,168,800 2,047,741,705 3,307,141,576
Decl. volume 3,889,898,526 1,928,721,427 1,288,441,625
Total volume 4,386,532,659 4,028,868,563 4,671,311,682