RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
S&P500 v Russell 3000
The index [1] is pulling back from not quite touching the 150 day SMA. Very short, short and medium term breadth has been good, but not unexpected as there has been a three weak rally. This rally may have broken, so expect this breadth to deteriorate. It will be interesting to see where the next low lies?