Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Wednesday, March 5, 2014
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.
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