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BK001 The New High - New Low Index
2nd Updated Edition

We consider the New High - New Low Index the best leading indicator of the stock market.

The New Highs are the strongest stocks on the exchange, the bullish leaders.

The New Lows are the weakest stocks on the exchange, the bearish leaders.

This ground-breaking book shows you how to use NH-NL in a variety of ways.  It includes chapters on: The Weekly New High-New Low Index / The Daily NH-NL / Shorter-term NH-NL / The NH-NL Ratio / NH-NL in Worldwide markets.

The book includes 54 clearly marked up charts, many of them organized into educational series of charts.

The authors are partners and co-directors of, where they write nightly reports on the NH-NL indicator.

DOWNLOADING: when you log in, you'll see several files. Most people download PDF which almost any reading device can open. Other file options are EPUB (Nook, Kobo, iPad) and AZW3 (Kindle). These are provided just in case, as PDF is likely to work for all. No need to download them all – start with a PDF.

Overall Rating:  
   2 Reviews | Read reviews | Create a review

List Price: $13.00  


May 19, 2012 – Customer Rating:  
Once again, Dr. Elder has delivered another tool that provides market insight for traders. The New High - New Low Index is a leading indicator when utilized in accordance with Dr. Elder's methodology. He provides the method for calculating the NH-NL Index, including confirmations and divergences. When referring to divergences, this book builds upon the foundation of the divergence definition outlined in Dr. Elder's book "Two Roads Diverged: Trading Divergences." The charting analysis within the book also provides a great visual display of how the process works and how the trader can use this 'knowledge' to determine where they need to be in the market: Bull or Bear. Thank you for another great trading resource. Continue to do great things! Sully
New High-New Low Index
May 6, 2012 – Customer Rating:  
Excellent book. I have a background in teaching so I understand how many hours go into a presentation. You have taken the time to present the material in a clean understandable fashion through visual and spoken(written) examples. The rules given with the visual are presented clearly and understandably. The links to the data and setting up charts was a really nice gift to help one study and set these tools up in TradeStation. I would suspect one could do the same in Ninja trader or other software. It is a good world when there are folks like you to help one add another tool to learning the art of fishing as opposed to a promise I will give you a fish a day to eat. Darrell Austin, TX
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