Chart Ideas

[rimshot]

NYSE internals - three charts

since the Monday, March 21st, daily NYSE breadth data was firmly positive,
let's consider one data set for cumulative internals for a perspective:

* notice the cumulative NYSE new 52wk Highs less new 52wk Lows (NYHL) shown below in green
now resides above the 8-day ema fastest moving average in the ema ribbon set

* the cumulative NYSE Advancers less Decliners (NYAD) shown in brown
appears to break its rising configuration more deeply than the NYHL data set



* in the cumulative NYHL chart below, notice the plot of the daily ratio for the:

*** NYSE new highs less new lows (NYHL) to NYSE total volume (NYTV) now resides above the zero line, which is a bullish characteristic ***

time below the zero line in 2010 and 2011 has marked sustainable
downside price action, and notice the duration of such zero line breaks in 2011 has been minimal, so far ... March is the only such brief event for 2011



daily ratio of NYSE up volume to down volume -