and NYSE A/D LINE TRENDS
1959-2009
The NYSE A/D Line will often show you when
key trend changes are taking place in the stock market.
But there are also times when the DJI and the A/D Line
are moving in different directions.
After a Peerless Buy a break in the NYSE A/D Line
is bullish. Until the DJI is able to make a breakout above
its bottom formation resistance, the NYSE A/D Line uptrend
must be watched. If the A/D Line breaks below its uptrend
before there is a price breakout above the bottom pattern's
resistance, expect another decline.
