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"They have put too high a price on harmony; we can't afford so much for admission. And therefore I return my ticket."
Ivan Karamazov
The Brothers Karamazov

NASDAQ  (Daily) Advance / Decline Line (ADL)

NASDAQ Composite Advance Decline Line
(Cumulative Daily Breadth) blue, 20 day exponential average red. The green line is a 20 day Donchian channel
This chart is generated by subtracting the NASDAQ Composite declines from that days advances. The blue line plots the cumulative total.