-Nasdaq AD Line forms a bearish flag
-Nasdaq AD Volume Line forms lower high in November (bearish divergence)
-Nasdaq Net New Highs remain positive, but there were fewer in November
-NYSE AD Line remains in bull mode and above support
-NYSE AD Volume Line forms lower high in November (bearish divergence)
-NYSE Net New Highs remain positive, but there were fewer in November
-Click here for the breadth chart page.
-Nasdaq AD Volume Line forms lower high in November (bearish divergence)
-Nasdaq Net New Highs remain positive, but there were fewer in November
-NYSE AD Line remains in bull mode and above support
-NYSE AD Volume Line forms lower high in November (bearish divergence)
-NYSE Net New Highs remain positive, but there were fewer in November
-Click here for the breadth chart page.
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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