By Liz DeMera
This NYSE Net Advancing Volume chart is plotted as a 30 Day Moving Average. It is very useful in determining possible bottoming conditions in the market. Usually we get a rally from this level, however, this chart is not indicative of a good market bottom or deeply oversold conditon in the market. I've noticed through history that once it gets down to a lower negative number that it will linger as the market is putting in a good bottom.
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The following is by @lizdemera , who uses market technicals to determine the stock market's performance.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.