Score: 0
The markets gave us a zero composite score for the three indexes we watch. The NYSE (TOP) putting in a higher daily but not enough to turn up the momentum line [ scores a 0]. The Nasdaq Composite (middle) put in both a higher daily and was able to push back up the momentum indicator [ scores a +2] and the RUT had both a lower daily and lower momentum [scoring a –2]. The scores combined neutralized the composite score. A mixed bag. Tomorrow Mr. market will let us know if it wants to go higher.
Video: How to interpret 52 Week New Highs
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