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Chart In Focus: NYSE’s New Highs Confirm Uptrend
The numbers of stocks making new 52-week highs or lows is one piece of data that technical analysts like to watch, but which does not always have a relevant message. Some days it gives us a great message, while other days it remains quiet. With the big rally on March 5, following the monthly Employment Situation report, we are getting important information about the market's future from examining the number of…more
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