NYSE Divergence

With the usual nod to Dave Fry and his excellent charts, here’s a interesting bit of divergence from yesterday’s stock market. NYSE Advancing issues outnumbered declining issues, but declining volume was heavier than advancing volume. The spreads weren’t much, and the same wasn’t seen on the NASDAQ or AMEX, so this isn’t dramatic, but interesting and certainly something to keep an eye on.

Courtesy of ETF Digest

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s