NYSE ADL Failing to Confirm SPX

Unless I'm mistaken, that's the first time this has happened since this Primary Bull Market began in March 2009. Not a specific sell signal per se, but perhaps a warning worth noting. For the record, though, my short term and Intermediate Term signals both still on uptrend mode, though they can change quickly ahead. When they go to sell, so will I. Good weekend all , D

http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&st=2012-06-01&en=(today)&i=t27584363348&a=270840190&m=o&r=1343417797109.png

http://stockcharts.com/c-sc/sc?s=$NYMO&p=D&yr=0&mn=4&dy=0&i=p65528267173&a=271424823&r=623.png

Not to ignite any renewed Breadth-versus-Price wars (they are both obviously important), but how great was the NYMO/NAMO this week? As Steve Jobs once said in another context: "It was greater than great!" On Thursday of last week, TQQQ (for one example) closed up on the day with the market at 52 but the NYMO/NASI was down, leading to a four-day sell-off in the market that took TQQQ down to a 46 close on Wednesday of this week, a decline (or short if you will) of 11.5 percent. This past Wednesday with TQQQ down with the market again, the NYMO/NASI turned up, leading in the past two days to 11.7 percent rally in TQQQ (at the moment). Net change, close to close, on TQQQ since Thursday of last week -- down 58 cents. In between, with the NYMO/NYSI swings, a possible short and long worth $11.42, or north of 22 percent. Sometimes it's a rocky road but sometimes it's just greater than great! Good luck and good trading. and have a good weekend.

Well my tracking of the 7 sentinels must be wrong cause I thought there were 2 straight days of 7 Sell Signals on Tuesday and Wednesday.

Unless I'm mistaken, that's the first time this has happened since this Primary Bull Market began in March 2009. [/img]

Open up Jan - May 2012 chart (as an example), NYAD lower highs/ lows in March, market chugs higher till April. It happened in 2010 and 2011. Could be a warning for the things to come, not immediate per se. IMHO FWIW.

They went to buy on June 8 @ 1311 SPX where they remain. Regards, D

Unless I'm mistaken, that's the first time this has happened since this Primary Bull Market began in March 2009. [/img]

Open up Jan - May 2012 chart (as an example), NYAD lower highs/ lows in March, market chugs higher till April. It happened in 2010 and 2011. Could be a warning for the things to come, not immediate per se. IMHO FWIW.

There were no lower highs on the cumulative A/D. That is the one I use, line chart is for daytrading.

cumulative NAUD & NYUD have been diverging negatively since the early July highs...good luck with your trading...