Blog Post On: 1/11/2010

The lower volume on the major indexes seems that the trend is starting to loss some steam.  The market did move higher on lower volume in mid to late December but lower volume at that time of the year is typical. The Advance Decline Line for both the NYSE and NASDAQ continue to climb which is bullish but the lower volume is a concern.

NYSE AD Line

NASDAQ AD Line: Has not reached higher highs compared to NYSE