A/D Line Holds Above Lows

02/25/2009 9:36 am EST


Thomas Aspray

, Professional Trader & Analyst


Though the major US averages other than the Nasdaq Composite made new closing lows Monday, the NYSE A/D line has not. Though this is an encouraging sign, it would take several days of very strong A/D numbers to suggest a significant low was in place. A move in the A/D line above the recent highs would be positive.

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