Despite the Bullish % is rising.....the Advance decline is falling....
http://stockcharts.com/c-sc/sc?s=$NAAD&p=D&b=1&g=0&i=p96467575208&r=8996.png
A severe decline is potentially in the cards for the Nasdaq. ...
Started by
.Blizzard
, Feb 14 2007 08:11 AM
2 replies to this topic
#2
TradeMark
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Posted 14 February 2007 - 09:32 AM
If you were to look at a LT A/D chart of the NASDAQ you would see that the A/D is always dropping. The unusual thing is that the A/D has been generally rising since last August. I don't know why it is always this way, but it is.
Best
TM
#3
fib_1618
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Posted 14 February 2007 - 09:33 AM
Nothing new in this respect - it has been since its inception.the Advance decline is falling....
Better to say that it's again finding resistance at it's 1% Trend.
Fib
http://stockcharts.com/c-sc/sc?s=$NAAD&p=D&st=2005-10-01&i=p39600034541&a=32225641&r=44.png
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