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: the US market remains in Stage 3, but managed closes in all the major indexes back above the 30 week MA this week. Short term breadth also improved as you'd expect with that, but the longer term measures continue to linger in the middle ranges. So a range bound traders market at the moment, which there's no way of knowing how long it will last. So stay nimble, look for low risk entries and minimise risk.
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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.