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[James Quillian]

Along with the seasonal stats I have posted a chart showing the percent of stocks with upward sloping 20 dma lines. This is firming up too much for comfort. I notice also that today the number of stocks making new highs is inching up as are stocks above their 200 dma and 40 dma.
I am looking for the first team to come in as September rolls past the 7th. This won't be mom, pop brother and sister buying stocks. This will be like a life or death effort. I have seen this play run before.

Chart Showing Improving Internals

Edited by James Quillian, 29 August 2012 - 09:32 PM.