A/D Numbers Still Weak

07/09/2009 9:13 am EST


Thomas Aspray

, Professional Trader & Analyst

Click to Enlarge

Even though stocks rebounded near the close and stocks finished higher yesterday, the A/D numbers were 2:1 negative. Stocks are set to open higher on Thursday, but the trend of weak A/D numbers suggests a rally failure. The Summation Index is still declining and is below its WMA. The increased level of bearish sentiment, however, is a short-term plus.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
Out Like a Lamb
03/22/2019 9:41 am EST

The position of planets as they relate to when a market first began trading can provide clues to tre...