RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Breadth, Commodities and Gold v Gold Miners
Gold versus a basket of gold miners. Gold, 1, seems to be in Stage 1 right now. Breadth of the miners is rather weak overall. Interesting that there has been a dip to a very low level in the Gold Cross Index (% stocks with the 50 day EMA above the 200 day EMA).
A commodity ETF versus the breadth of commodities excluding precious metals and oil & gas producers. Short term weak, but on the longer term it has been stronger.