daytrade diaries... november 6, page-41

A summary of the NYSE figures:
No. of Advances: 2817
No. of Declines: 697
Personal Overall Breadth of Advance Decline Line: 61,866
30 Day Moving Average: 62,934
DJIA: 10,007
Movement: Up 205 points
Shanghai Composite (SSEC): 3155
Movement: Up 26 points
Comments: Last night was a very strong night on Wall Street with Advances exceeding Declines 2817 to 697 Declines & the Dow up 205 points. Whilst we can all get excited about last night’s performance we still need to remember the Advance Decline Breadth is still below its 30 Day Moving Average & caution needs to be exercised until a clear confirmation is shown by the indicators.
Regards
Buffett