[pcabc]

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.

The breakout of Silver / silver miners above their 200 day MA from below the key 30% lower zone and the near term highs in that is interesting as a few popped up in the watchlist this week and Gold is still consolidating near it's highs, which silver is strongly correlated too. So might be worth a look to see which stocks might be the new leaders in the silver miners

I've posted what appear to be the stronger stocks in that area https://www.stageanalysis.net/forum/Thre...9#pid15909.  A couple have already broken out but it looks like some others may be forming up to breakout - assuming the sector continues to gain strength.