Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Sunday, February 4, 2018
NYHL NYSE New Highs-New Lows and NYA NYSE Composite Daily Charts
The big drop in the stock market ushers in lots of new lows for stocks that greatly overcome the new highs. The uber low numbers are consistent with a bottom in the stock market like August and November. The bulls should be able to stage a relief rally in the days ahead. 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.
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