August 31, 2010
Nasdaq breadth leads lower By Arthur Hill
Market Indicators The AD Line and cumulative Net New Highs line shows relative weakness in Nasdaq stocks. From the breadth indicators page at Stockcharts.com, the chart below shows these two Nasdaq indicators moving sharply lower the last three weeks. The cumulative Net New Highs lines for the NYSE and Amex are still holding up.
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About newmanservices
Alexander Newman for 30 years has been an entrepreneur, investor, and business consultant. If anyone knows what's going on with the stock market and the economy in these uncertain times he does. Being a successful investor for himself and others over the last 20 years he has developed his own technical trading system. Alexander has a BS degree in mathematics and has been involved in most financial enterprises.
