![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjSi01jSqcvsSurcfzAHyumpnG3lo2ioS6aHBerO2OOP7nSCa_gFNBvFQktV9Pa5eWml94O1PY6L4BX9K8XYg0R57AvRCxrktt9NECp5zu2NRlYD_lKQLa6b2fg733x9za6QTaV/s400/IWM122209.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVrWNSUxpscGX0oTSafoh9pLuqzMB-dx2_U5EZhUUFXaWW9YV4dCaUhsM58G9Y_HTedtpD2FhF60KhxVgDFtL-gD_TuNyS7WGHvot1P5epVD_gBzzRpO1T8dbReWIgheYu62Cm/s400/QQQQ122209.gif)
We've been seeing new bull highs in the NASDAQ 100 Index (QQQQ; bottom chart), and even the formerly lagging Russell 2000 Index (IWM; top chart) is now knocking on the door of bull highs. Meanwhile, after today's action, we're seeing bull highs in the advance/decline lines specific to NYSE common stocks, as well as the A/D line for the S&P 500 stocks. This fits with the scenario laid out in the recent indicator review.
.