Advance/Decline Line Warns Investors with Triple Top Breakdown!

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Advance/Decline Line Warns Investors with Triple Top Breakdown!
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Stocks Analysis by Chris Kimble covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Chris Kimble's latest article on Investing.com

This is a very important measure of market breadth looking at the number of advancing versus declining stocks each day.

As you can see in the chart below, the Advance/Decline Line created a double top before creating a triple top at . And now it is breaking down below support at . Yikes!Could the A/D Line be sending a new message to the markets with its breakdown at ? Stay tuned.The technology war between the United States and China, with the Netherlands and Japan involved, is set to intensify further. We will know which are the 8 companies on S&P 500...

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