Quote Originally Posted by Andrei View Post
Thanks Mike.

I'm quite interested in the following (see the red trend line in the chart). Does anyone have this kind of indicator going back some more years, to see what happened after we had this downtrending indicator making lower highs and lower lows in the previous instances?
I have not assembled the market internal data prior to my chart but I know that internet sources have it going back into the 1960's. I can't find the source right now but I bet someone here has historical market internal data.