Monday, July 18, 2016

Market breadth, Monday 18 July 2016

  • EMA(10) of the A/D Line is showing no divergences in the peaks. 0
  • The McClennan summation index $NYSI is high and positive. +1
  • EMA(10) of the New High/New Low line is very positive at 256. Last time it was this high was October 2013, and it preceded a 20% climb in the $SPX. +1
  • EMA(20) of the stock above their 200-day MA ($NYA200R) is at 70 and heading up, after crossing above 50 in early April. +1
  • The EMA(20) of the Put/Call ratio line is at .98 and heading down after crossing below 1 a week ago on July 11. +1
Score: +4 

Last week the main US equity market indexes started making new highs. 

No comments:

Post a Comment