Monday, March 21, 2011

NYAD NYSE Advance-Decline Daily Chart

NYAD daily chart finds itself up in nosebleed territory this Monday evening. The 1900+ numbers are good times to go short and the red circles highlight the April-June 2010 selling event, the November selloff, the February selloff and the latest selloff. The -2000 and lower numbers are good times to go long and the green circles highlight the May 10th rocket ride recovery rally after the Flash Crash, the July 2010 bottom, the November bottom, the late February bounce and the latest bounce.

The red circle at the top right at 1911 is tonight's print. What do you think is going to happen? This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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