Trading Technicals: The Advance Decline Line

The advance/decline line is a confirmation indicator. It displays market breadth by showing the total number of advancers vs decliners. This is a cumulative number and as such will trend in both positive and negative territory for extended periods of time.
In this class, we look at the advance decline line today. We compare it to the S&P 500 looking for confirmation or divergences. We teach you now to look up to use this on a free charting platform. We discuss a few examples of divergences which have been a great help to us as both short-term and long-term signals!
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