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 -

* with the exception of a single day in late September, each day in August, September & October,
the # of NYSE Advancing issues has remained 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 Monday October 26, 2020 --

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

Issues traded 3,145 3,128 3,146
Advances 388 1,906 827
Declines 2,697 1,111 2,215
Unchanged 60 111 104
New highs 14 70 86
New lows 45 21 21
Adv. volume* 73,998,322 431,790,457 185,460,698
Decl. volume* 750,210,662 275,732,222 613,328,091
Total volume* 826,626,912 721,652,985 833,837,802
Closing Arms (TRIN)† 1.45 1.09 1.08
Block trades* 4,862 4,657 5,124
Adv. volume 364,221,306 2,230,388,689 1,010,317,452
Decl. volume 3,659,432,236 1,417,801,632 2,932,951,905
Total volume 4,034,328,255 3,698,571,294 4,130,298,576