Still an Up Trend On New Lows?

By: Marty Chenard | Wed, Nov 26, 2014
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November 26th Update: New Market Highs with New Lows Up Trending at the Same Time?

Today's chart show's the updated NYSE New Lows. The good news is that the VIX broke a support yesterday (a market positive), while the NYA New Lows did not break its thick red support line (a market negative).

See the NYA New Lows chart below for what is going on.

So, net/net, these two conditions are in conflict and the market is not in total agreement yet.

Note: A Happy Thanksgiving to each of you and to your families.

NYSE New Lows



Marty Chenard

Author: Marty Chenard

Marty Chenard
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Tel: 828-296-1200

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker. is dedicated to Stock Market Investors who want the best information on stock charts, stock market trends, stock market timing and technical analysis.

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