NYSE Advance Decline - VXThe Swings within the NYSE A/D is "Manic"
The A/D Line on the LArger TF is unable to recover
the 50 Line... a Negative Longer-term signal.
Short term Entry remains the focus for now, and why
the squeeze will be short-lived.
The VIX, after a near 14% decline, has historically reversed.
Another crosscurrent to add to the Mix, with further
Risks... Last week the VX complex was hammered hard.
A/D is illustrating broader swing, this appears to be
HFT and ALGO movement back and forth using Select
Sectors and Equities to keep Price Momentum moving
Higher.
This type of action is an indication of extreme danger
it is associated with a late-stage distribution(s).
4785 / 4790 on broadening rotation appears to be the
correlated Price Objective.
For NQ it would correlate to a large squeeze towards 17,055.
On the surface, the NS spiking to 17K "appears" unlikely in the
extreme.
Given AAPL completed an 8/8 indicating the potential for Price
to move sharply lower, it's a very mixed bag.
Signals are all over the place, but at this time, they are in fact
pointing up.
Yes, it's abnormal, but what isn't at this point.
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This is a Short Term topping process, with the potential to get more
extreme.
Within the Larger and expanding ranges - e cannot discount a Large
Squeeze.
None of the persistent Price Action remotely passes the sanity test.
Everything is beyond suspect, distrust, and unwarranted.
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The Stock Market is the Economy.
Adline
Troups are not marching with the general! Bullish trend starts!In my analysis you can see all the information about the trend.
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NYSE AD Line Positive Divergence Means New High for S&P 500 DJIAI don't usually pay much attention to the NYSE Advance/Decline line, but right now I am. It is doing something very rare. It is creating a positive divergence with the S&P 500 and Dow Jones Industrial Average indexes. If you are not sure what this indicator is, or what positive divergence is, please ask.
When the NYSE AD line makes a new high the index tends to follow nearly all of the time. A positive divergence like this has only occurred 5 times in a correction (not including bear markets) since 1940! All 5 times the index has made a new high inside of 5 months, and 4 out of 5 times inside three months. The positive divergence became apparent about three weeks ago...so the signal suggests a new high inside of the next two months for the indexes.
If we include bear markets (the big market declines) positive divergences in the NYSE AD line have produced major new swing highs in the index 9 out of 10 times since 1940, although due to the magnitude of the drop the price has to recover from, it typically takes about 6 months for the index to record a new major swing high again (major swing highs are used instead of all-time highs, in this case, because it took nearly 3 decades to fully recover from the 1929 crash).
Positive divergence on the AD line (compared to the S&P 500 or Dow) is rare. It has a good track record, so it is worth paying attention to when it occurs. This time could be different. We shall see.
Lowry Research has loads of information on the AD line, it's historical significance, and multiple ways to use it.
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Zcash short term drop may be on the wayPrice goes up while ad line goes down, top may form and sort term drop may come.
Total US Stock Market Advance Decline line analysis...Total US Stock Market Advance Decline line and Total US Stock Market Advance Decline Volume line analysis...
