- S&P makes a new uptrend high
- We finally have a high (microscopic high) in A/D line
- Long-term trend is up. Mid-term trend is up. Short-term trend is up.
You need a microscope to see the new high on A/D line. It will be better if it makes more highs. I still cannot take it lightly that it has lagged the price on this stretch from Nov low
Price is behaving alright -- So Far --, but inability of bears to force a meaningful correction may run the risk of buyer exhaustion
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