The Cumulative NYSE A-D Line Looks Like a Distribution Top formation

At 1 PM ET,

Advancing Issues: 826... Declining Issues: 2121

New Highs: 43... New Lows: 191

TRIN: 84

The attached Cumulative A-D Chart is starting to look increasingly toppy, no?

11 19 18 NYSE A-D 1 PM GIF
11 19 18 NYSE A-D 1 PM GIF
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!