Score: 0
Thursday’s price action stunted the 52 week new highs but despite the downdraft the NYSE was able to eke out 136 of them. The RUT was the weakest with just 3 new highs. That makes two down days in a row. The momentum for new highs however remain in a positive direction so the daily weakness is offset by the momentum and scores this chart a neutral or zero rating.
Video: How to interpret 52 Week New Highs
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