Check your math

One strong down day within an uptrend and NASDAQ records more 52-week lows than highs (for the first time since May).

Coppock update: the weekly oscillator has a bearish bias for 10 of the S&P 500's 11 economic sectors.

If you're keeping count, today was the lowest downside volume in two months.

Today's decline effectively ruled out a fourth wave correction count, satisfied the minimum requirements for a complete pattern from the March low, and opened the door for a Fibonacci retrace of the entire Mar-Sep rally.

FWIW, today's decline saw the most declining NYSE stocks since June

More info: today's NYSE new hi/low ratio was the lowest since May

Nice day today. But does it bother anyone the three previous days had more 52-week lows than highs?

fake president

While I'm on a role, more NYSE issues traded today that at any time since March 2017

FYI, 23 of the 30 DJIA stocks have a bearish bias on their weekly Coppock Curve. That is the most since April.

Just for the record, Rosie, the weekly cumulative a/d lines for the S&P 500, S&P 1500, and S&P 400 (mid cap) indexes are at all time highs. The S&P 600 (small cap) is a hair's "breadth" away. (Enjoyed listening to the call.)

Two weeks ago today, the S&P just missed making an all-time high. Today, there were more new NYSE 52-week lows than 52-week highs. More than half of the 500 stocks are at least 10% below their 52-week high.

Misspelled his name "Drumpf"

Only chart on my Sept 21 blog:

The monthly Coppock Curve has a bearish bias for 19 of the 30 DJIA stocks and 8 of the 11 S&P sectors.

Covid and TA? This chart has the 7-day ma of new cases nationally with parallel trend lines. Not perfect; just an observation.

NYSE electoral college. DJIA up almost 400 points but NYSE DVOL exceeded UVOL. (That's meant to be humorous, not political.)

FWIW, the 7-day ma of new US covid cases is 40% greater than the summer's peak and almost 3x the spring high.

The weekly Coppock Curve has a bullish bias for only three of the S&P's 11 sectors - healthcare, telecom, & utes.