I
just returned from the Caribbean and after
spending 7 days and nights on a sailboat – I am over the land sick period but I
am still in the lay-back island mode.
According
to Stockcharts.com – the Advance / Decline Line (AD line) One of the most
widely used indicators to measure the breadth of a stock market advance or
decline. The AD line tracks the net difference between advancing and declining
issues. It is usually compared to a market average where divergence from that
average would be an early indication of a possible trend reversal
By the way – I apologize for those ridiculous Harry Dent Dow 3300 pop-up adds - more on that later.
2 comments:
Sorry, I'm lost on this one, I know the importance of an AD line but I've never figured out how to plot it nor do tech. charts provide it as an option. What are you saying here? A Bear has begun?
Hello
A positive or negative turn on the A/D line is likely to be the early warning of a corrective period and not a new bull or bear
The A/D line is an "old" study and so is not offered on many on-line charting sites - which is good for those who use this valuable study
Bill C
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