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New High for AD Line

April 27th, 2009 Leave a comment Go to comments

 

New High for AD Line

The NYSE AD Line moved above its January high to record a new high for 2009. In contrast, the NY Composite Index remains below its January high. This show of relative strength in the AD Line reflects broad participation in the current advance and bodes well for the current uptrend.

090425nyadl

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