This is a weekly advance/decline chart I've kept by hand for years. (Kids today can do these calcs in nanoseconds )
I usually just use this indicator for bottoms. In this case, the divergence at the top was pretty cool. (I notated the weekly new highs at the a/d peaks).
NYSE Weekly % Advances - 5 Week Avg
Started by
chris
, Mar 04 2007 06:15 PM
2 replies to this topic
#1
Posted 04 March 2007 - 06:15 PM
#2
Posted 04 March 2007 - 06:30 PM
Do you keep any New high or New lows? I believe they peaked out about the same time....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#3
Posted 04 March 2007 - 07:13 PM
Do you keep any New high or New lows? I believe they peaked out about the same time....
Yeah, but I've never entered the numbers in a database, so I can't upload a chart Sorry. The raw data peak of 928 new weekly highs was the week ending 12.08.06.