5/10 New highs on the NYSE hit 152 yesterday, the highest number since the end of January. On top of this, the NYSE Advance/Decline Line (A/D) has taken out its previous high set back on April 18th, closing at all-time highs today. That’s a big plus for the market. As you know, the A/D line in the majority of instances has topped out well ahead of the major averages at pivotal turning points
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