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As the S&P and NASDAQ look
promising, one has to wonder why the NYA Index that is heavily
traded
by Institutions is not making the same kind of movement.
Are Institutions behind this move or not?
Note that the index has not
moved up to a recent new high level and remains in a trading range.
Also
note that Friday's close was below its upper resistance line and
this is divergent from what some of
the other indexes are doing.
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