After peaking on Monday, when we saw 2096 20-day highs and 699 lows, the cumulative NYSE TICK remained under pressure for most of the week. Though the market rose on Friday and new 20-day highs rose from 953 to 1285, we also saw an expansion of 20-day lows (from 499 to 547). I will be closely watching the cumulative TICK and 20-day highs/lows (which I post each AM via Twitter) to see if this represents a shift in market strength..
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