Seriously? This is all the follow-through we could muster to September's burst of NYSE new 52-week highs, this as the NYSE Composite rose today to within a percent of its September peak? Truly, just how weak is the market's underlying technical state appears readily exposed here. Thus, too, do current expectations continue erring toward anticipating increasing weakness over the immediate period.
The NASDAQ 100 might provide an insightful explanation to why the NYSE new 52-week high-low differential is so conspicuously subdued. Apparently, those issues most widely loved since March '09 have been more greatly shunned since September peak. Certainly nothing here, either, suggesting this circumstance is about to be turned around.
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