RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
A few breadth overviews
Major indices:
All weak apart, for some reason Shanghi? But some very short term strength in nearly all.
US Sectors:
There has been some very short term strength in all. ON the longer time frame Energy and less so Consumer Staples were strong but are weakening.
Commodities:
Precious metals against their miners is generally weak. I'll have to post a breadth chart for silver though. Crude against Oil and Gas producers is similar to the US Energy sector, as would be expected. Bitcoin verus crypto breadth is weak. The mid and long term scores risking indicate strengthening, but its not so obvious in the charts which I'll have to plot later.
(yes, crypto is not a commodity - but I had to group it somewhere and felt it did not live with equities, however, now it appears to be a risk on asset then perhaps grouping it with equities is appropriate?)