Looking for a Correction

Before a correction occurs, the number of stocks advancing and the number of new highs start to taper off. Likewise, the number of stocks declining and the number of new lows increase. Also, the volume of advancing vs declining stocks (Net Demand) is a good indicator.

Net Demand	Weeks Increasing:	1	Indication: Neutral
Issues Advancing	Weeks Increasing:	1	Indication: Neutral
New Highs	Weeks Declining:	1	Indication: Neutral
Issues Declining	Weeks Declining:	1	Indication: Neutral
New Lows	Weeks Increasing:	1	Indication: Neutral

Net Demand - Weekly (NYSE)

2472
519
-1169
-3244
1471
944
-145
225

10/9
10/16
10/23
10/30
11/06
11/13
11/20
11/27

Volume of advancing vs declining stocks (millions of shares, not including block trades)

Issues Adv - Weekly (NYSE)

2699
2192
2423
1449
2161
1827
1208
2631
2589
1103
947
2662
1766
1307
370
2307
2030
1395
1454

7/24
7/31
8/7
8/14
8/21
8/28
9/4
9/11
9/18
9/25
10/2
10/9
10/16
10/23
10/30
11/06
11/13
11/20
11/27

New Highs - Weekly (NYSE)

175
248
360
224
157
247
185
343
570
635
476
684
802
713
218
183
409
451
319

7/24
7/31
8/7
8/14
8/21
8/28
9/4
9/11
9/18
9/25
10/2
10/9
10/16
10/23
10/30
11/06
11/13
11/20
11/27

Issues Dec - Weekly (NYSE)

491
989
765
1720
1017
1350
1968
544
582
2071
2220
510
1391
1849
2823
871
1146
1756
1699

7/24
7/31
8/7
8/14
8/21
8/28
9/4
9/11
9/18
9/25
10/2
10/9
10/16
10/23
10/30
11/06
11/13
11/20
11/27

New Lows - Weekly (NYSE)

9
10
11
6
9
2
4
4
6
5
10
8
6
8
28
25
12
11
15

7/24
7/31
8/7
8/14
8/21
8/28
9/4
9/11
9/18
9/25
10/2
10/9
10/16
10/23
10/30
11/06
11/13
11/20
11/27