The NASDAQ has been hit by heavier selling over the past few days as it was down three times more than the S&P 500 on Tuesday. The A/D line just made marginal new highs with prices and has now decisively broken the uptrend from the March lows. It is now at support and the action suggests that a short-term top is in place.
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NASDAQ A/D Line Weakens
10/28/2009 9:41 am EST•1 min read
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