Nasdaq A/D is worse than 2 to 1 negative, the Up/Down volume is also poor, at 7
to 1.5. Not quite a 10 to 1 down day, but pretty ugly.

NYSE is marginally better: A/D is 5 to 3 to the downside, while up/down
volume is just over 2/1 negative.

Nasdaq appears to have broken its uptrend, while the SPX and Dow have not.

Category: Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Internals are Ugly”

  1. JR says:

    Fun with Fractals

    If you thought TODAY’s internals were ugly, try this little- ‘is it live or is it Memorex’ experiment with your charting software at home.

    Daily Candlestick SPX from 7/28/1987 to 10/07/1987 with something simple like a 20 EMA or 100 EMA overlay

    Compare this too the SPX from 11/22/2004 to 02/10/2005