No. of Recommendations: 13
Author: rgearyiii
Subject: Re: Nasdaq NH/NL
Date: 8/26/2019
"...
The design is to use the stocks that I use, which happens to be very close to FTSE/Russell-eligible stocks, so I describe them as such for ease of communication. ...
3. Like every other source that I know of, StockCharts probably uses intra-day high/low prices instead of closing prices (assuming they calculate new highs and lows themselves), but I`ve found closing prices to be optimal. ...
6. Perhaps most importantly, judging by how bullish $NAHL remained through the end of July, I`d say StockCharts is not applying any crap filters to NASDAQ securities because it would have taken an awful lot of new highs from bond-like securities to keep it propped up like that.
Using the entire exchange for $NAHL may work fine most of the time, but for now, it`s broken IMO."
https://yorickm.com/Message.php?pid=34281772 