Anyone else see the AD divergence (Nasdaq)?

Discussion in 'Technical Analysis' started by Babak, Jul 29, 2005.

  1. Babak

    Babak

    Great minds think alike. How did it come to your attention, if I may ask?
     
    #11     Aug 1, 2005
  2. Pabst

    Pabst

    I'll PM you.
     
    #12     Aug 1, 2005
  3. A great summary of current conditions and another channel that confirms why I am not seeing the "raging bull" signal in current conditions ....
     
    #13     Aug 2, 2005
  4. Babak

    Babak

    Pabst, your inbox is full! Please cleanup so I can pm you. Thanks.
     
    #14     Aug 5, 2005
  5. Babak

    Babak

    ok guys, I think this nullifies my whole thesis. I just stumbled on a way to coax more than a year out of StockCharts AD data.

    This is why I was asking for more data. I had an intuitive feel that something wasn't right there. What a difference perspective makes, eh? How does the one year AD line look now?

    I don't get it though, how the heck can the Nasdaq AD line have such a negative bias? And for so long? I mean its been in decline since 1994?!?

    Any ideas? So does this mean that the Nasdaq AD line is useless along with the NYSE AD line (albeit for different reasons)? or is the stockcharts data wrong?

    Sheesh...
     
    #15     Aug 14, 2005
  6. Babak

    Babak

    #16     Aug 15, 2005