Above nosotros meet the S&P 500 Index (SPY) plotted against the amount divulge of novel 20-day highs minus novel 20-day lows for all NYSE, NASDAQ, as well as ASE stocks. Note how novel lows striking their maximum betoken inwards mid-October as well as held good higher upwardly that score equally nosotros made novel closing cost lows belatedly inwards the month. Since that time, stocks bring rebounded smartly, as well as novel 20-day highs bring steadily expanded versus novel lows, confirming the uptrend. For the showtime fourth dimension inwards a twosome of months, we're similar a shot seeing novel 20-day highs significantly outnumber novel lows.
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