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The NYSE Nears All-Time Highs

Published 08/19/2014, 10:10 AM
Updated 07/09/2023, 06:31 AM

NYSE: Advance/Decline

The NYSE weekly advance/decline line declined a little last month, yet it did not break short-term rising support (right chart). The small push higher of late has it back near all-time high levels.

The NYSE index (left chart) finds itself moving above rising support and near long-term resistance. The NYSE index should edge higher until the A/D line starts declining.

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