Breadth Bottoming?

10/01/2008 9:44 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

Tuesday’s rebound had almost 4:1 positive A/D numbers which caused the formation of a short term bullish divergence in the McClellan Oscillator. With positive A/D numbers Wednesday this should signal a decent rebound. Note similar formations in the past year (green circles)

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