Thanks to your feedback I’ve decided to adjust what I’m posting regarding market breadth. In the graphics below you can see the ETFs I track and how they performed from week-to-week. I’m looking at three time-frames here with a short trend 9 SMA, a medium trend 50 SMA and a longer trend 200 SMA.
These graphs below show the 9sma, 50sma and 200sma as well as the close of the major indices. A healthy market would show the 9sma above the 50sma which is above the 200sma. Let me know if you have questions or suggestions.