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S&P 500
5,436.44
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US TECH 100
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-0.87%
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Pisd

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Pisd

Re: JC4033 post# 18500

Monday, 03/23/2015 8:12:17 PM

Monday, March 23, 2015 8:12:17 PM

Post# of 32544

An uptrend in prices with a downtrend in the Accumulation Distribution Line suggests underlying selling pressure (distribution) that could foreshadow a bearish reversal on the price chart.



Needed to close positive today, and with higher volume to confirm reversal. Accum/dist is a negative indicator for the chart IMO.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:accumulation_distribution_line

GL
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