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Chart watchers say a retreating advance-decline line, which tracks the number of stocks rising...

  • Wednesday, August 8, 2012, 4:51 PM ET
    Chart watchers say a retreating advance-decline line, which tracks the number of stocks rising minus the number falling each day, casts doubt on the durability of the current climb in stocks. “When you build a base on a smaller and smaller number of stocks, it doesn’t take much to knock the whole thing over,” analyst Dick Dickson says.
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DJIA (DIA) S&P 500 (SPY)