Cumulative Net New Highs flatten out
From the breadth charts page, users can get a glimpse of the AD Lines and cumulative Net New Highs lines for the NYSE, Nasdaq and Amex. The image below shows the cumulative Net New Highs lines for the NYSE and Nasdaq. Both flatted over the last two weeks, but have yet to turn down. This shows a standoff between new 52-week highs and new 52-week lows. A downturn in these lines would reflect an uptick in new 52-week lows.

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