Sunday, October 25, 2015

Breadth Improving

The NYSE A/D line has reached the July 20, 2015 level while the SPX has risen back to level near August 19, 2015. This shows the A/D has improved much more than the index, and that is a good sign if it continues. The new high/new low is also back above zero, that mean there are more issues making new 52 week high than 52 week low, another sign of improving breadth.



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