A/D Lines Drop

10/02/2009 10:47 am EST


Thomas Aspray

, Professional Trader & Analyst

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The sharp reversal in the past two days has taken the A/D lines on the NYSE and NASDAQ below the recent lows. Both are still well above more important support from early September, but that may be tested. The A/D lines confirmed the recent highs, but further new highs in the next few weeks may not be confirmed.

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