Market Breadth Update
What a difference a week makes. The $DJIA was in the single digits as far as the number of components above the 200 SMA and now it stands at 40.…
What a difference a week makes. The $DJIA was in the single digits as far as the number of components above the 200 SMA and now it stands at 40.…
It is getting U-G-L-Y out there from both a price action and market breadth perspective. Lots of sectors and indices making new year-to-date lows in both price and breadth. With…
Quite the week for the markets as the $SPX and $INDU gave up the 200 SMA while the $RUT and $NDX held that level after testing for support. Check out…
June option expiration has come and gone and the markets have held their own as each of the major indices stayed above the 200 SMA. The biggest gainers for the…
Not a bad week for the bulls as the 1066 weekly support held and the close was just off the highs of the week. There was a lot going on…
Quite a week as both the $SPX and $INDU broke through their 50-week simple moving averages. Breadth (percentage of stocks above 200 SMA) took one on the chin in every…
May is done as we start a holiday shortened week in which we are still stuck in a range. So much going on in the world and here in the…
In case you were out last week and haven't read a single thing or turned on your TV, the markets broke down last week. The $SPX and $INDU closed under…