Market Internals Acting Stronger

12/17/2009 9:34 am EST


Thomas Aspray

, Professional Trader & Analyst

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Stocks are set to open sharply lower on Thursday, but despite this, the market internals have continued to improve. The NYSE new highs have not yet confirmed the new highs, but could on a strong rally. The A/D line made new highs on Wednesday and is acting stronger than prices, which historically is bullish and suggests that prices will follow.

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