RE: Stan Weinstein Stage Analysis and Market Breadth
Near all time highs, what does this indicate?
I'm wondering if major indicies being near all time highs is a sign of poor market breadth until the previous highs are actually broken? If below, but close to the all time highs there is a good chance that resistance will be met and resulting in the highsl not be broken in the short to mid term and due to the close proximity there is also little room to move upward before the resistance is hit?