NYHL New Highs-New Lows Daily Chart

As the stock market makes new all-time highs, there are less and less new highs printing. In a robust rally, new highs would increase with each new price high in equities, not decrease. This behavior indicates a rally running out of gas. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.