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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 686.96-0.1%Dec 30 4:00 PM EST

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rcksinc
To: rimshot who wrote (505)7/29/2021 7:28:10 PM
From: rimshot1 Recommendation  Read Replies (3) of 1118
 
$NYA daily chart shows a new record intraday price high seen today for $NYA,
while at the same time the updated NYSE Advance-Decline line
displays Negatively Divergent lower highs as of July 29,

which is a strong cautionary condition well respected by professional technicians ... bulls
need to see a positive resolution to this Negative Divergence by the A-D line

stockcharts.com

Note - the $NYA has not yet achieved a new record daily close -

$NYA daily closes chart, alternate version -

stockcharts.com

above 16,708.74 is needed to surpass the prior daily close high on record
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