Those who have been following the stock market since the start of the bull market may realize that the financial headlines have consistently warned investors to stay out of stocks. At the end of May 2009 the monthly A/D line moved back above its WMA (point 2) confirming a new bull market. The stock market rally continued in 2013 and 2014 despite many warnings that the bull market was ending. Neither the weekly nor the monthly A/D lines had formed any significant divergences so this turn was consistent with a correction not a bull market top. I urge you to start following the A/D lines at least on a weekly basis as it will keep you riding the bull market until it is over.

Source: Forbes March 04, 2017 15:56 UTC