RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
S&P500 versus Russell 3000
Does not look like breadth is improving significantly. PRice [1] below the falling 50 and 150 day SMAs. Hard to tell if the Weinstein Momentum [5] and 1% A/D [6] are bottoming. The % stocks over the 20, 50 and 200 day EMAs [11-13] are rising. However, the Gold Cross Index [15] is still moving downwards and it is hard to sell what the Silver Cross Index is doing [14].