Major US Stock Indexes Update - NYSE, Nasdaq, S&P 500, DJIA & S&P 600 small caps
Here's the overview charts of the US Bullish Percent and Moving Average Breadth.
Note: Stage 3 is showing in all the major US markets now. Keep an eye on our leading breadth indicators, especially the Percentage of Stocks above their 150 day MAs in the various US markets which currently stand around the low 50% mark and lower in some, as moves below roughly 40% in all of these would be a sign of a potential move to Stage 4, and can happen before the various indexes actually breakdown. So something I'll be keeping an eye on.
But overall a time for caution for investors, and a time for traders to be looking for good quality possible Stage 4A breakdown candidates imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.