Below is a chart of the nearby SP futures contract along with several simple moving averages of the high and low prices. In addition, we have plotted a modified ADX indicator. It looks at the price movement from day to day and higher highs are considered 'Buying' and lower lows are considered 'Selling'. When these two forces cross a new market direction is typically established. Also plotted in the difference between these two forces. So when the 'Net' line is above 0, get long or 'Buy'. When it's below 0, then 'Sell' or short the market. Also displayed is a plot of the 3 day price range.

Below is a chart of the number of stocks in the SP500 that are making higher highs or lower lows. Notice that under normal conditions, the highs and lows are opposite. However, there are occasions when this doesn't occur. Notice how market tops and bottoms tend to occur around extremes values.

Below is a chart of the Dow Jones Industrial Average (DJIA) along with the number of stocks within the DJIA that are making Higher Highs and Lower Lows.

Below is a chart of the number of stocks in the SP500 that are making higher highs on increased volume and the number of stocks that are making lower lows on increased volume. Notice how these counts are lower than the chart above. There are also additional plots on this chart. 1. The SP futures 2. The ratio of higher highs on increased volume to the number of stocks making higher highs. 3. The ratio of lower lows on increased volume to the number of stocks making lower lows.

Below is a chart of the Dow Jones Industrial Average (DJIA) along with the number of stocks within the DJIA that are making Higher Highs with increasing volume and Lower Lows with increasing volume.

Below is a chart of the number of stocks in the SP500 that closed higher or closed lower. Normally these two figures should be opposites, but occasionally they don't behave in this manner.

Below is a chart that shows the number of stocks in the SP500 that are considered inside days and outside days. The interesting finding here is that when they cross, this crossing tends to mean a continuation of the trend.

Below is chart that combines the number of stocks making higher highs and lower lows with those stocks closing higher and lower. This is why the values are nearly double of their individual components.