Advance Decline Line and Advance Decline Volume Line...

By JoaoPauloPires
Analysis of SPX and ADL and ADVL, and also positive and negative correlation in 10 days period. Important to notice that in the situation when ADL up and SPX down, doesn't anticipate a drop in SPX in the correlation indicator above. Only when SPX up and ADL down that usually does but is not guarantee also.
anticipateanticipationBeyond Technical Analysiscorrelationes_fTechnical IndicatorsnyseSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY)
JoaoPauloPires

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