11/20 Focus candlestick chart

Today's NASDAQ advance decline ratio.
As mentioned in yesterday's Cablabo, the lower histogram represents the advance decline ratio of NASDAQ-listed stocks.

Red represents an increase of over 50%, indicating that the number of rising stocks has exceeded the number of declining stocks. Conversely, light blue indicates that there were more declining stocks. It is a tactic that suggests a reversal to an upward trend after light blue continues for more than 4 days and then red appears.

Since it turned red yesterday, there is a high possibility of a temporary halt to the decline from here.

However, NVIDIA's earnings will be released early tomorrow morning. This time, there are open positions in single options expecting a movement of over 8% up or down, suggesting a significant move in either direction until the NVIDIA earnings settle down.