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A webcast presentation originally held on January 19th, 2022 by George Schade, CMT as part of the CMT Association’s Educational Web Series.

The Advance-Decline indicator is probably the oldest indicator used to determine the strength of a movement in the stock market. The history of the indicator elicits a wealth of wisdom for the craft of market technicians. From that history dating to 1926, we derive six precepts that give guidance to those exploring the frontier of technical analysis and indicators.