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Tuesday, September 20, 2016

VIDEO: Study in the Price Movement and NYAD


In this video I discuss support and resistance in S&P500 index, SPY and NYA.
I present a traditional way to look at NYSE Advance-Decline issues and my alternative use of this indicator.
MADI- My Advance-Decline Indicator - is a multifaceted tool offering a simpler way to analyze market breadth and (sometimes) pick a bottom.

S&P500 Index and Sectors Analysis based on Composite Score Indicator (CSI). I discuss buy signal on $XLU Utilities sector, and stop placement on $XLK Technology.


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