Although the major indexes finished the day mixed, DJIA was modestly lower while S&P 500 and NASDAQ closed modestly higher, all three bullishly remained above their respective 50-day moving averages for a second day. Further signs of strength can be seen in advance-decline lines (plotted in the above chart). S&P 500, Russell 2000, NASDAQ and NYSE Comp advance-decline lines have all been moving higher during the month of April. During yesterday’s trading, April 17, the NYSE Comp advance-decline line actually closed at a new high for the first time since late January.