This shows the underlying decimation of the Nasdaq advance decline line versus the index itself. The index is largely being floated by the Nasdaq 100 which has a better advance decline line than this.
Seems to be spiking again. This ordinarily occurs near bottoms, but it is designed to get one out before the last whipsaw. We will see if it happens again. Notice that sometimes it did mark exact bottoms in the past.
A bit higher today.
About the same.
This turned out of its slowing to head upwards again. Now we are at 50%; much worse opportunities here compared to an oversold condition.
"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world."