Latest Update: The Trending of the New Lows …

Update on: “Watching the daily counts of NYA New Highs and New Lows is a good thing to do.”

Yesterday, the New Lows count was a low count of 25 which was a huge difference from the count of 375 of the week before.

That was a short term positive while the medium term was still showing an up trend since this past June … see the chart below.     Now the market needs to stay away from a resumption of the up trending in order to stay positive.