MichaelGLamothe

10457.89 an important line in the sand for NYSE

NYSE:NYA   NYSE Composite Index
2
NYSE has made a series of higher lows since mid-October. It is also presently trading against 2 ascending trend lines shown here.

10457.89 is an important level to watch. If it is violated, NYSE will have broken the trend of higher highs and higher lows as well as both ascending trend lines.

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