A/D Numbers Still Positive

06/01/2009 9:32 am EST


Thomas Aspray

, Professional Trader & Analyst


Those watching the A/D numbers Friday should not have been surprised by the strong close as they were 2-1 positive for most of the day. A strong move above 930 (200-day MA) should put additional pressure on the shorts and may cause upside acceleration. The Summation Index has flattened out, but still above its EMA.

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