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Strategies & Market Trends : News Links and Chart Links
SPXL 213.12-0.1%Nov 14 4:00 PM EST

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To: Challo Jeregy who wrote (11941)3/21/2005 5:44:44 PM
From: Return to Sender  Read Replies (1) of 29596
 
I have seen deterioration in both the market breath data associated with the NASDAQ, NYSE and S&P 500. Higher highs were set by the NYSE and S&P 500 while the market breadth participation was not nearly as broad at the previous highs:

Determining Long Term Tops and Bottoms for the DJIA and S&P 500 based on Market Breadth and a few other indicators. All charts update 2 hours after the market close. Some within the trading day:

investorshub.com

What we have seen is a set of negative divergences. Now it is playing out in such a fashion that the next high should be a lower high and then a lower low.

JMHO, RtS
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