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Source: BAML

 

Earlier today, we discussed why the new market highs are so bullish.

Technicians like to look at determinants beyond prices to get a read on how a market’s internals are behaving. Stephen Suttmeier, a technical research analyst at Merrill Lynch & Co., points out that volume and breadth are just as important as prices in understanding a market. Continues here

Category: Markets, Technical Analysis

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “S&P 500 Advance Decline Line Confirms New Highs”

  1. MikeR44 says:

    Sorry, but I’m going to show my ignorance. What are NYSE “non stocks”?

  2. Robert M says:

    Thanks. Regret this is no longer available publicly w/o bypassing a paywall; it made the WSJ worth the price.