Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
For the last few weeks, this version of breadth has lagged, but on Monday it finally eked out a higher high vs. the peak a few weeks ago.
If you are a fundamentalist, here's a way to think of trendlines (hint: they're not involved in voodoo).
We are still short-term overbought, but not yet intermediate-term overbought and breadth is a bit better -- it's time to look at the statistics.