Submitted for your approval, one AADVDEC.US, a drab and undistinguished breadth index that made history last Friday, May27th 2022. On any given day, ADVDEC [1] shows the number of stocks advancing minus the number declining. Last Friday the index made the highest reading of its 12 year history. At the time of writing both bulls and bears argue how this information merely confirms what they already know will happen next week. One side will soon discover a traders true nemesis, certainty - said lesson to be learned in The Twilight Zone.
Note:
1. The suffix "US" means across all available US markets including NYSE, NASDAQ and the Dow. Individual reading can be found at AADVDEC.NY, AADVDEC.NQ, and AADVDEC.DJ
Note:
1. The suffix "US" means across all available US markets including NYSE, NASDAQ and the Dow. Individual reading can be found at AADVDEC.NY, AADVDEC.NQ, and AADVDEC.DJ
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