NYHL New Highs-New Lows Daily Chart

Over the last year, the number of new highs are dropping and new lows are increasing the opposite of what should be happening for a robust and healthy stock market. For a strong stock market, the channel should be sloping up not down. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.