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As I write this near the end of Tuesday’s trading, Barchart.com’s data for 52-week highs and lows says there are124 highs on the NYSE today and 78 on the Nasdaq, along with 33 lows on the NYSE and 84 on the Nasdaq.
That means there are 202 highs against 117 lows. I don’t have the historical data, but that seems like a lower differential than we’ve seen in recent weeks. Could the markets be signaling a correction is near?