Art's Charts Home

Oct 30, 2009

Breadth Charts Updated

By Arthur Hill

The breadth chart page has been updated. There have been some changes with the sharp decline over the last two weeks. Highlights include:

-The Nasdaq AD Line broke below its early October low.
-Daily Net New Highs for the Nasdaq turned negative.
-The Nasdaq McClellan Oscillator plunged to its lowest level since March
-The NYSE AD Volume Line broke below its early October low
-The NYSE McClellan Oscillator plunged to its lowest level since March
-Click here to see all the charts.

Comments

Dear Arthur, thanks for your updates, particularly at an early hour. Also it is most helpful to get direction in the late afternoon before the market closes. What I appreaciate most is your direction and ideas about lightening up or increasing positions in the equity and bond markets as well as precious metals. My major need is not to get caught holding major equity or bond positions when these markets begin to collapse. I'm willing to forgoe some smaller upside gains to protect myself against major losses. Thanks for your continuing help.

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