Friday, August 21, 2015

Market breadth analysis, 21 Aug 2015



1. A/D line is at -914, moving down. Lower than the recent -700 low in late July. $NYSE on the decline since May. -1
2. NYSI is deeply negative at -392. It went negative in early June. -1
3. NYHL (EMA10) is negative at -251, after crossing below 0 in early June and again July. Now lower than recent low of -225 in late July. -1
4. NYA200R (EMA20) has crossed below 50 in early July and is at 39, still descending. -1
5. NYA200R (ROC14) is at -37, outside the [-20, 20] range, indicative of high volatility. +0
6. CPC (50MA) is at 1.020, after crossing above 1 (meaning bearish) on July 31. -1

Score: -5
$SPX on 21 August was 1970 (was 2077 two weeks ago).

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