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Categories:General Market Commentary
Market Breadth Analysis
Ways a distribution day can fall off the count. The first is by the calendar. After 25 sessions, a distribution day expires. The count falls by one.
A second way a distribution day can fall off the count is for the index to rise 6%, on an intraday basis, from its close on the day the higher-volume loss appears.
Followup 21 Day --focus on the relationship between the 21-day EMA & Nasdaq
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