NYSE New Highs New Lows
Attached is the New Highs / New Lows charts.
It's interesting to see that the amount of stocks making new 52 week highs has stayed strong since the start of the new year, as normally if the market is about to have a breakdown you'd see the 52 week highs amount dry up below the 100 level on the daily chart and stay there, while new lows expand. But that's not happening at the moment. So is showing a positive divergence with the price action currently, which can be see clearly on the cumulaitve chart while made new highs this week.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.