RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Breadth, Oil & Gas Producers, Gold & Silver
Oil & Gas still deeply negative. Gold / gold miners breadth - waiting to see whether it breaks out or drops back, uptrend is strong. % above 50 day EMA is overbought and % above 200 day EMA is on the edge. Does not mean it will pull back though. Silver / silver miners not so strong, but interesting volume spike (barely visible) right on the right hand edge of the chart.