(This post was last modified: 2022-04-23, 09:05 PM by pcabc.)
RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Everything is looking quite negative right now
In general there has been a decrease in short term market breadth across the board, so even things that were doing well, gold and oil and gas producers, in the short term are a lot weaker. For gold / gold producers, oil & gas hopefully this is a short term pullback. Long term breadth is a lot weaker for S&P500 v Russell 3000. Crypto is also weak but longer term breadth, unlike the S&P500 versus the Russell 3000, is strengthening.
S&P500 v Russell 3000:
Chart replaced with correct one.
Gold v Gold Miners:
WTI Crude Oil versus Gas & Oil Producers:
Bitcoin v Crypto Currencies: