Stock Rebound Is Impressive

11/06/2009 9:40 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

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Stocks were impressive Thursday, which on the back of the Burlington Northern news has turned the market's momentum positive. More positive action is needed to signal a move back the recent highs. We now can identify key support in the A/D line that must hold. If the S&P makes new highs, it may not confirm.

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