Market Internals Strong

06/05/2009 9:44 am EST


Thomas Aspray

, Professional Trader & Analyst

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The A/D numbers were much stronger than prices Thursday as the A/D line continues to make new highs. This indicates that the rally is still intact as the A/D line is well above its rising WMA. The NYSE Composite, a very broad market average, is above its 200-day MA with next major resistance at 7000.

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