seine

Bullish divergence in the market

AMEX:SPY   SPDR S&P 500
190 3 3
Does not mean we buy. It means we take caution while shorting or not short at all.
That's nice to see. This fits the mid-term leading economic indicators into 2016 as well (they are not based on price or volume or charts). Alsi, If you draw a trendline on a weekly chart, SPY is right ON that trendline (it is not perfect, but hopefully we can get above it.).
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what is ADL?
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seine Sunny88
oh it's the Advance decline line.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:advance_decline_indi

this link might help.
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