The NYSE advance/decline line still hasn't moved above the upside resistance levels established right at the beginning of this year.
The NYSE new high/new low number is still clearly declining
The NASDAQ advance/decline line is clearly moving higher and has done so for the duration of the latest rally
The NYSE new high/new low is still clearly moving lower.
Aside from the NASDAQ advance/decline line, all three other market breadth indicators are still moving lower. That tells us there is a lack of market breadth to this rally which does not bode well fore the future prospects of this rally.
