Jump to content



Photo

AD line goin nutts


  • Please log in to reply
1 reply to this topic

#1 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 16 August 2016 - 05:37 AM

as the dow lifts off its upper trendline of its 13 year expanding triangle (spandos are continuation patterns)     .....cumulative breadth is melting up  

 

 

http://stockcharts.c...234382794&r=141

 

this can be attributed to the action of the dow once its  spando trendline is tested from above ....just like 1994

 

9147078_4131525ef93ea6eac9f282b0db45a6e0

 

http://www.siliconin...2b0db45a6e0.png



#2 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 22,010 posts

Posted 16 August 2016 - 05:21 PM

Cumulative A/D volume is also strong. However, the SPX ITBM is on a sell and trending down. Very curious.

 

M


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter