NYSE Composite
Is NYSE Composite on an uptrend? Let see what the theory said.
Century-old Dow Theory of market analysis defines a uptrend as each successive rally closes higher than the previous rally high, and each successive rally low also closes higher than the previous rally low.
So. ^NYA after the downtrend in 2015, the trend has changed. In 2016, NYSE Composite is uptrend.
PA finally has closed above April 2016 high. See chart for details.
August 12, 2016 NYSE Composite Weekly Chart
Moses Stock Analysis and Scan
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