A stockchart chart. About the advance/decline volume indicator. This indicator is measuring the volume of the advancing stocks and the volume of the declining stocks. It’s Arthur Hill looking to the cumulative version. Recent peaks and throughs in the NASDAQ coincided with peaks and throughs in the indicator. The hesitation of the index is also showing up in the indicator with a trendline break and lower highs.
Weakness is still building.
Weakness is still building.
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