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rimshot

08/12/18 10:16 AM

#86 RE: rimshot #71

8/10/2018 Advance-Decline line status:

* bullish uptrend by the A-D line remains intact for listed below only while
the A-D line actually remains above the 19-day ema -

https://stockcharts.com/public/1442871/tenpp/1

S&P 500 - above the 19-day ema
S&P 100 - above
NYSE common-stocks-only - now below, was also recently briefly below
NYSE all issues - now below, was also recently briefly below
Nasdaq 100 - above, was below briefly
Dow Jones Industrial - above
S&P 400 - above, was below briefly
S&P 600 - above, was below briefly

* A-D line BB Width peaked in early or mid-June 2018 for
the S&P 500, the Nasdaq 100 and the two NYSE A-D lines and has since been
declining with the S&P 500 A-D line Bandwidth flattening
in late July and early August, so be vigilant whether the Bandwidth rises.
Since 2016, lower volatility reflected in a declining Bandwidth
often takes the A-D lines to lower levels within their
Bollinger Band
before an A-D line Bollinger Band
expansion takes place again

** the various McClellan Summation Indexes are
due for a high probability Summation bounce failure
and a downside reversal unless :

the McClellan Oscillator for each index actually approaches the McO spike
high achieved in the week ended July 13th, and the McO's have shown no inclination to begin such an effort to date