Advancing-Declining Volume $ Weighted
One of our primary indicators that is published on charts for Indexes and Morningstar Sectors is a dollar weighted advancing minus declining volume. While nothing works all the time this can often give a great heads up. Let’s take a look at the NASDAQ Composite Index:
Notice how this indicator broke above the early 2010 highs and put a very nice spin on the Chandelier ATR Stop technique. Perhaps these two will work well together. In contrast the picture on the broad based NYSE looks just a bit different:
Of course everyone knows the NASDAQ has been outperforming so these charts should be no surprise. Check out the advancing minus declining volume ($ Weighted) on:
You may just be surprised by what you find.
ETF Range Projections & A Quote to Start the Day
Change is the law of life. And those who look only to the past or present are certain to miss the future.
- John F. Kennedy
For more detailed economic data click “Today’s Calendar” in the navigation bar to the left. 
To say overseas markets are flat might be considered an understatement: Nikkei 225 +0.96%, Hang Seng +0.09%, Shanghai +0.08%, DAX -0.05%, and the FTSE 100 -0.37%
At about 7:40 AM ET ahead of the Jobless Claims, the futures are roughly the same as overseas – Flat: Dow -6, S&P -2, NAZ -2, Oil +$0.07 and Gold -$2.00
