RE: US Stock Market Breadth – Quickest 10% Decline From an All-Time High in History
(2020-02-29, 08:03 PM)isatrader Wrote: I've added a jumbo blog post on the front of the site about the weeks price action and the key market breadth charts. To view it go to:
https://www.stageanalysis.net/blog/20755...in-history
Would those views apply to investor positions as much as trader positions? The reason I ask is there does not seem to be much in the way of a divergence in the advance / decline line for example. THe % stocks abovre the 50 day MA was > 70% for a while but the % above the 200 day MA has only been grazing it and it does seem to vary depending on which dataset you pick. I've not seen the breakdown in the momentum index that you have seen, and as I post elsewhere, I have been having data issues of late which makes apples to apples comparisons difficult.
Back to the % stocks above the 50 and 200 day MAs (I don't have 150 day data). From my data it has been notable that they have been declining since the end of January but only crossed below 50% in the past week, right at the start of the meltdown.