Tuesday, May 1, 2012

A sign of the Top Fibo on the NYAD

). I'm attaching the same chart for the A/D line which I sent you a few weeks ago. The market came exactly 1.01 SPX pts. shy of topline [please note chart]. This, IMHO, is truly remarkable. What this means, of course, is that a VERY significant nominal high is just put in. We'll see. Enjoy... Charlie

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Insightful and Useful Comment!