I want to show two charts of the NYSE and Naz New Highs-New-Lows and neither show extreme climactic action...
In fact one can argue they are just breaking out to the upside.
No kidding!
Weekly back to 1991
NYHL: stockcharts.com[h,a]whclyymy[d19910101,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
NAHL:
stockcharts.com[h,a]whclyymy[d19910101,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
That is as far back as Stockcharts goes stockcharts.com[h,a]whclyymy[d19910101,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
Nice idea to look at weekly. |
