I have posted the $NYUD NYSE Advance Decline Volume indicator – which I have used as a barometer for many years. It’s currently at 1862 which is a very extreme reading and consistent with other periods of turnaround after Continue reading “NYSE Advance Decline Volume”
Category: Market Indicators (video)
Bullish Percent – What it says about Financials ahead of Earnings
With bank earnings on deck, it’s a good time to take stock of the health of the Financial sector to anticipate possible moves in the sector in coming months. Continue reading “Bullish Percent – What it says about Financials ahead of Earnings”
Zweig up/down bottoming indicator triggered
In his book “Winning on Wall Street,” the legendary Marty Zweig explained the value of volume ratios. A ratio of 9:1 or greater of up/down volume is considered to be very bullish and 9:1 down/up volume is considered to be very bearish. Continue reading “Zweig up/down bottoming indicator triggered”