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May 22 2018

MTI: Daily A/D Numbers Suggest Strength

  • May 22, 2018

The daily advance/decline numbers suggest the recent bounce has been broad, but analyses based on the 52-week highs and lows (including various versions of the “High/Low Logic Index”) are flashing warning signals similar to the ones seen in the fall of 2007 and summer of 2015.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager