TigerSoft
News Service May 20, 2011 www.tigersoft.com NON-PUBLIC
PAGE
WEEKLY DJIA and NYSE A/D Line Charts since 1928
These are new. They will be in new Peerless book.
Study them forr A/D Line trend-breaks, A/D Line NC's, h/s patterns, price breakouts...
Research on Individual Stocks upon Request: Composite Seasonality Graph
of Any Stock for $125. Example of
historical research NEM - Newmont Mining. Order Here.
Do breaks in steep,
well-tested A/D Line uptrends that have lasted
more than 2 years bring an
immediate big decline, as we now
may soon see? Another
factor here, is that the A/D Line has been
leading prices higher by
making its own new highs since mid 2009.
DJIA Weekly 2006-2011
Yes -
1942-1946, but also head/shoulders, Peerless Daily Chart Sells.
No - May
1949-Nov 1951
No -
1953-1958
1928-1932
1933-1937
1937-1941
1937-1942
1939-1944
See how the A/D Line led the DJIA to new highs.
1941-1946
Classic head and shoulder top was formed in 1946.
1946-1950 See how the A/D Line led the DJIA to new highs.
1949-1953
Korean War blunts the stock market boom, but does not stop it..
Only the January 1951 and July 1952 DJI new highs were not confirmed by the A/D Line.
These brought declines to the rising 52-week ma.
1950-1955
Breaking the steep weekly A/D Line uptrend in April 1955 did not stop the
huge July 1953 - July 1957 advance. Running into all-time high territory above
382 made the bull market much easier.
1953-1958
The 1956 Presidential Election brought a trading range. The next year
saw a bear market unfold after a failure to get past the 520 barrier for the third
time along with a bearish A/D Line divergence from the DJI and then an A/D Line
trend-break. There was also a Sell S9 in July 1957.
1955-1960
Bearishly the A/D Line failed to confirm the mid and late 1959 peaks.
Sell S9s also occurred then.
1957-1962
A/D
NC's followed by a trend break brought selloffs. The head and shoulders
in
1961-1962 prpved very bearish.
1960-1965
The
A/D Line lagged the entire bull market.
1966-1970
Head
and shooulders patterns warned of the 1969-1979 bear market.
1970-1975
shoulder
head
shoulder
1974-1979
1978-1982
Note volume surge in August take-off
1981-1986
1983-1987
The peak in August 1987 occurred with the A/D Line not confirming the high.