This is one of the latest tools in SpikeTrade.  We’ve always used the New High - New Low Index to track the leaders in strength or weakness.  Adding capitalization to NH-NL reveals the flow of big money.

In this class we’ll review the construction of Cap-NHNL and its main signals, such as extremes and divergences.  Its daily data is free, but historical data not available.  We’ve been collecting it manually for over two years – enough to begin drawing some useful conclusions.

As always, the recording of this class will include a PDF of the presentation.