Tuesday, June 18, 2013

The Market Decision

Today, the market appears to have decided to resume back toward the new high territory. Getting to the new high territory is a wait and see matter at this time. But at least the Russell 2000 has pointed the way by closing with a new all time high today(without the notice from those talking heads).
 
The advance/decline and the new high/new low are still not near the level when the market was making new all time high. This should remind all market participants to be cautious and beware of possible head fake.

Advance/Decline & New High/New Low Chart:



Market Video:

Click here to view the video if you do not see a video player on your screen.


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