Thanks for posting that chart. I surmise you subscribe to Mc Clellan service . Would you know where else you can get free data for the operating co's only A/D ? I rarely look at that sort of data, I can't make much sense of indicators such as their oscillators and summation index , this on the contrary is more straightforward . But how reliable is it ? As for me I have been short based on price action.
I wonder what this means in the light that the yield curve is nearly inverted? According to research pointed out in another another thread that points to a recession. This would be a weird point in the business cycle to have a recession.