RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
US Consumer Staples and Energy
Consumer staples, index in Stage 4 [1], Silver [14] and Gold [15] Cross Indicies have taken a dive as have the % stocks abouver their MAs [11-13].
Energy, sharp pullback [1] just a lower low, but would want to see more to call it a breakdown. % stocks above their EMAs and the Silver Cross Index [11-14] have all dipped. The rest is relatively bullish.