NYSE New highs - New Lows Short

INDEX:HIGN-INDEX:LOWN1W

HIGN-LOWNINDEX

Description

⋅ Jan 26, 2016 3:35 AM

15 week moving average of New highs minus new lows for NYSE. Readings below zero not been kind for SPY.

SPDR S&P 500 ETF (SPY) NYA

Comments

highenergyrockandroll

⋅ Nov 11, 2020 10:01 PM

Nice chary! Thank you. Is there anyway I could add this to my favorites?

CosmicDust

⋅ Jan 26, 2016 2:25 PM

Nice chart. High chance this round is not 2011 but 2008. And market has about 6 more months to decline (bottom in Q4 2016), coincidental with oil bottom, China bottom, dollar peak and rate final bottom, maybe coincidental with some emerging new technology/drug, etc. Oh well that is a lot to speculate...

SMP99

⋅ Jan 26, 2016 5:36 PM

Thanks and i agree. This surely isn't a 2011 style correction. I suspect before its all over, we will see a similar wash out in highs-lows as 2008. However its also likely from a price perspective that it does not get nearly has bad (% decline from top).