RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Breadth overview
The S&P500 versus the Russell 3000 is looking weak. However, the A/D line for the NYSE, unlike the Rusell 3000, has not diverged
https://www.marketinout.com/chart/market...cline-line
Perhaps the Russell 3000 is pessimistic? However, my scoring only uses the A/D line as one of its factors. The UK might be strengthening perhaps even compared to the US in the short term?The FTSE250 seems to match the S&P500 over the last six weeks. The FTSE100 is not strong but the FTSE250 (mid cap) is, and the AIM100, TechMark also are stronger than the FTSE100.
(Grey = S&P500, Blue lines are relative strength (regular, not Mansfield)
Major indices:
US Sectors:
UK Sectors:
Commodities:
Miscellaneous:
S&P500 v Russell 3000:
FTSE250 v UK: