Ratio of Advancing vs. Declining Issues on NYSE Increasingly Washed Out, But Must Equity Prices Rise Sustainably as a Result?

2016-01-13 · by Brandon J. Ferro · in Bear Market, Equities, Historical Analysis, Market Internals, NYSE Adv/Dec

Top panel below you’ll see a 10 day MA of the ratio b/t NYSE advancing vs. declining issues; bottom panel is a plot of the SPX. As of the Wednesday close this ratio printed 0.55. Dating back to the ~1987…

Member only content: Login to view or Register

← SSEC Has Another ~20% of Additional Downside and is Likey to Remain in Relative Free-Fall

Channeling Wayne Gretzky →