RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
UK breadth
I think it is quite interesing that the smaller cap UK charts are stronger than the larger ones. That is, AIM100 is stronger then FTMC which is stronger than FTSE. Perhaps that is an underlying good sign. However, there is also an interesting point to note in the other direction. The McClellan Volume Oscillator has gone very negative, to levels only seen in the crash last year. Maybe its my calculations, maybe a bug or maybe it is real. Also worth considering the breadth overall, not just one indicator. However, it gives me pause to think about the possibilities.