NYSE A/D Improving

09/09/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst

The NYSE A/D line has formed higher lows over the past two months as it has diverged positively from the NYSE Composite. This is encouraging but the NYSE needs to move above 8500 and the A/D line needs to act stronger than prices to indicate that a significant low is in place.

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