‘NYSE Composite’ Archive

Big Apple index getting closer to breakout levels!

nsye50yearrisingchanneloct26

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The “Big Apple” index (NYSE Composite), remains inside of the rising channel that has been in play for the past 50-years.

If one applies Fibonacci retracement levels to the 2009 monthly closing lows and the highest monthly close this year, the NYSE index hit the 23% Fibonacci retracement level in …

Long-Term bull market still alive, trend support is where?

big bull pic

The S&P 500 is now down around 7% on the year. Is the very long-term bull market still in play? Yes it is!!!

The chart below looks at the NYSE Composite on a monthly basis, dating back to 1965.

nyselongtermbullchartsept2

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As you can see, since the mid 60’s, the NYSE composite …

This is usually a healthy sign for broad markets!

nyseadlinesnearbreakoutsfeb18

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The above charts are two different ways to look at the Advance/Decline line on the NYSE.

The chart on the left is the typical version, which is “all issues” on the NYSE. This has been the most common way to look at the A/D line for years. Some have said …