A/D Lines Still Lagging

11/24/2009 10:01 am EST


Thomas Aspray

, Professional Trader & Analyst

Click to Enlarge

The A/D numbers were strong on Monday even though the averages closed below the highs. The NYSE and NASDAQ A/D lines have not moved above the October highs, but the NYSE is quite close to breaking out, while the NASDAQ's A/D is much weaker. A strong price breakout by the major averages would project another 6%-8% on the upside.

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

Related Articles on STRATEGIES

Keyword Image
Caution Signs for Investors
12/31/2018 5:00 am EST

Notable signs of deterioration have developed in the current situation. The U.S. housing market is i...