Both A/D Lines Not Yet Confirming

09/09/2009 9:44 am EST


Thomas Aspray

, Professional Trader & Analyst

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The A/D lines for both the NYSE and NASDAQ are still in solid uptrends, indicating a positive intermediate-term trend. The NYSE A/D lines made new highs on Tuesday, but the NASDAQ did not. This could be resolved in the next few days. The NASDAQ is just below the 50% level, but the NYSE is 10% lower.

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