$NYUD Not exactly confidence boosting. Sticking w/ my leaders but this doesn't resemble the Dec 18 bottom. pic.twitter.com/3DHolnUxks — Neil Blalock, CMT (@NeilBlalock) April 15, 2020 Today’s Chart of the Day was shared on Twitter by Neil Blalock (@NeilBlalock). It’s a chart of the NYSE Advance-Decline Volume Index over the past two years, along with the […]
Chart of the Day – Wednesday, August 21st 2019
Today’s Chart of the Day was shared on Twitter by Neil Blalock (@NeilBlalock). It’s a chart of the percentage of stocks in the S&P 500 trading above their 200-day moving average. Neil points out that in the past two cyclical bear markets, (2015-2016 and Q4 2018) this indicator fell below 50% and stayed there until the market was […]