Cumulative P&F Breakouts - Breakdowns custom Breadth charts
Totals for the week:
+300 double top breakouts
-278 double bottom breakdowns
+22 net breakouts - breakdowns
Note: On the cumulative chart, the bounce from the recent low turned back down again on Friday, and is now on the cusp of a potential Stage 4 breakdown on the the cumulative chart. So will be watching the net breakouts - breakdowns closely this week to see if that happens or not. But at the moment I'd give it in a Stage 3B-
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.