-Nasdaq AD Line forms bear flag and hits resistance
-Nasdaq AD Volume failed to confirm new reaction high in the Nasdaq
-Nasdaq Net New Highs were weaker in November, but still positive overall
-NYSE AD Line bounced off support and remains in bull mode
-NYSE AD Volume line failed to confirm new reaction highs in the NY Composite
-NYSE Net New Highs were weaker in November, but still positive overall
- Click here for the breadth charts page
-Nasdaq AD Volume failed to confirm new reaction high in the Nasdaq
-Nasdaq Net New Highs were weaker in November, but still positive overall
-NYSE AD Line bounced off support and remains in bull mode
-NYSE AD Volume line failed to confirm new reaction highs in the NY Composite
-NYSE Net New Highs were weaker in November, but still positive overall
- Click here for the breadth charts 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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