This is a custom chart I have designed in EXCEL. It takes all the stocks in my UK database and calculates how many went up or down by more than 5% today, and how many closed within 1% of their high or low of the day. Then I plot these numbers as red and yellow lines to get an easy visualisation.
Could be getting better. The FTSE has bounced nicely of it's uptrend support and should head off to 5400 level, having made a double bottom at the 5040 level.. My depth graph is showing higer lows too...I guess the next week is going to be a bit of a dis-jointed affair,although I remember seeing some excellent gains over the Xmas period last year...
