RE: Stan Weinstein Stage Analysis and Market Breadth
Market breadth
US:
There has been an improvement in both my short term momentum and longer term breadth scores.
UK:
Although the same could be said for my breadth scores the price and its moving averages are a lot weaker.
Oil & Gold Producers:
Oil is simply looking bearish. Gold short miners term momentum wise are stong but my overal breadth score is negative but improving. The price has made a higher low, seeing what happens at 130 on GLD will be interesting.