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.