Stock Market Technical Analysis Blog
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The stock market continues its rally today with a couple of notable items in the charts I posted. In the fourth chart set, the NASDAQ chart shows it is regaining its blue line uphill channel that we fell out of last Thursday morning. Directly below that we see that the Advance/Decline is breaking out of its 7 week downhill blue channel. Below that the Adv/Dec has also regained a three day uphill channel (shown with thin brown lines).
So far, so good...
Alan
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