Short-term Breadth Update
What a difference a week makes. Last Friday (8/20) the $IWM had 18% of its components trading above the 4SMA while the $SPY had 15% and the $QQQQ had 25%.…
Market Breadth Update
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…
Market Breadth Update
The major indices put in a nice week and look poised to have a follow-through this coming week. If a follow-through occurs, the breadth will have made some higher highs…
Market Breadth Update
A less than favorable end to the week for the bulls as the major indices took the elevator down on Friday. I guess the biggest news was the Russell 2000…
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.…
Market Breadth Update
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…
Market Breadth Update
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…
Market Breadth Update
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…
Market Breadth Update
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…
Market Breadth Update
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…