Just a quick update of a previous post about the Nasdaq Composite Bullish Percentage Index. This index remains in a strong uptrend and is not to a level where it could not go higher. This is a secondary metric but it never hurts to keep an eye on it and watch for weakening while price continues up.
Chart courtesy of Stockcharts.com
Post Modified: August 18th, 2008 at 6:07 pm
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