TNT Bottoming Indicator - Daily
Date DailyLows SP500
4/6/26 -1.50 6612
4/7/26 -1.67 6617
4/8/26 -4.17 6783
4/9/26 -3.83 6825
4/10/26 -1.67 6817
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
4/6/26 5.6 21996
4/7/26 5.4 22018
4/8/26 5.2 22635
4/9/26 5.2 22822
4/10/26 5.4 22903
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/27/26 -4.6 6369
4/2/26 -1.2 6583
4/10/26 1.6 6817
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/27/26 6.6 6369
4/2/26 6.4 6583
4/10/26 5.6 6817
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/30/26 -3.67 6344
3/31/26 -1.67 6529
4/1/26 -4.67 6575
4/2/26 -2.50 6583
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/30/26 6.4 21795
3/31/26 6.2 21591
4/1/26 6.0 21841
4/2/26 6.4 21879
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/20/26 -4.2 6506
3/27/26 -4.6 6369
4/2/26 -1.2 6583
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/20/26 7.4 6506
3/27/26 6.6 6369
4/2/26 6.4 6583
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/23/26 -2.83 6581
3/24/26 -2.50 6556
3/25/26 -3.50 6592
3/26/26 -1.17 6477
3/27/26 -2.00 6369
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/23/26 6.6 21947
3/24/26 6.8 21762
3/25/26 6.8 21930
3/26/26 6.6 21408
3/27/26 6.6 20948
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/13/26 -2.8 6632
3/20/26 -4.2 6506
3/27/26 -4.6 6369
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/13/26 7.8 6632
3/20/26 7.4 6506
3/27/26 6.6 6369
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/16/26 -2.67 6699
3/17/26 -1.17 6716
3/18/26 2.33 6625
3/19/26 -0.33 6606
3/20/26 1.67 6506
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/16/26 4.8 22374
3/17/26 4.8 22480
3/18/26 4.6 22152
3/19/26 4.6 22091
3/20/26 4.6 21648
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
3/6/26 -0.4 6740
3/13/26 -2.8 6632
3/20/26 -4.2 6506
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
3/6/26 8.2 6740
3/13/26 7.8 6632
3/20/26 7.4 6506
The NASDAQ High Low Index has forged to record levels. Here is a current chart, showing the Index versus the NASDAQ price. For the sake of clarity, only the days that the Index has been over a value of 0.0225 are shown. An explanation of the derivation of the Index can be found in the 2nd Edition of Robert Colby's 'The Encyclopedia of Technical Market Indicators'. Decide for yourself the degree to which this Index correlates with market tops.
Here's a TRIN chart using NYSE data. There has been no TRIN value over 4 since 12/28/2011. A low TRIN for an index occurs on a day when there is a small down volume diffused over many declining issues, while on the same day there is a large up volume which is concentrated in just a few issues. This is compatible with the fact that the capitalization of the top 10 companies was 15% of total market capitalization in 2011, growing to 36% in 2026
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/9/26 0.17 6796
3/10/26 -2.67 6781
3/11/26 -1.00 6776
3/12/26 -1.00 6673
3/13/26 -0.83 6632
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/9/26 6.8 22696
3/10/26 6.8 22697
3/11/26 6.8 22716
3/12/26 6.4 22312
3/13/26 7.0 22105
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/27/26 3.2 6879
3/6/26 -0.4 6740
3/13/26 -2.8 6632
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/27/26 8.4 6879
3/6/26 8.2 6740
3/13/26 7.8 6632
TNT Bottoming Indicator - Daily
Date DailyLows SP500
3/2/26 -2.17 6882
3/3/26 -0.50 6817
3/4/26 -0.83 6870
3/5/26 1.33 6831
3/6/26 0.33 6740
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
3/2/26 6.6 22749
3/3/26 6.8 22517
3/4/26 7.4 22807
3/5/26 7.2 22749
3/6/26 7.0 22388
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/20/26 2.2 6910
2/27/26 3.2 6879
3/6/26 -0.4 6740
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/20/26 8.4 6910
2/27/26 8.4 6879
3/6/26 8.2 6740
TNT Bottoming Indicator - Daily
Date DailyLows SP500
2/23/26 -0.17 6838
2/24/26 -2.17 6890
2/25/26 -2.83 6946
2/26/26 -2.00 6909
2/27/26 0.17 6879
TNT Topping Indicator - Daily
Date DailyTops NASDAQ
2/23/26 6.6 22627
2/24/26 6.2 22864
2/25/26 6.4 23152
2/26/26 6.2 22878
2/27/26 5.8 22668
TNT Bottoming Indicator - Weekly
Date WeeklyLows SP500
2/13/26 5.4 6836
2/20/26 2.2 6910
2/27/26 3.2 6879
TNT Topping Indicator - Weekly
Date WeeklyTops SP500
2/13/26 8.4 6836
2/20/26 8.4 6910
2/27/26 8.4 6879