Tuesday, August 9, 2011

NYAD early warning 2 weeks ago. 8-9-2011

Could have evaded this downfall if I had drawn and took a look at the early warning of NYAD..

The RSI for the past 12 months is consistent in declaring a Negative Divergence ongoing even though NYAD is rising fast. Could have been better months/ weeks ago.



NYAD = New York Advance/Decline Line. (cumulative weekly charts)

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