Seeking Alpha
Profile| Send Message|
( followers)  

We've been seeing new bull highs in the NASDAQ 100 Index (bottom chart, click to enlarge), and even the formerly lagging Russell 2000 Index (top chart) is now knocking on the door of bull highs.

Meanwhile, after today's action, we're seeing bull highs in the advance/decline lines specific to NYSE common stocks, as well as the A/D line for the S&P 500 stocks. This fits with the scenario laid out in the recent indicator review.

Source: Charting the Markets' Recent Strength