Percentage of Stocks above their 50, 150 and 200 day Moving Averages - status change
The NYSE Percentage of Stocks above their 50, 150 & 200 day Moving Averages all moved to Bear Confirmed status on Monday. As well as continuation breakdowns in the Percentage of Stocks above their 50 Moving Averages for the S&P 500, and Nasdaq and Dow 30. The large caps in the Dow and S&P 500 are the most oversold in the lower zone. Watch for a reversal back above the 30% level for a change in the short term status of those. But for the time being the market has the ball...
NYSE Percentage of Stocks above their 150 day Moving Averages
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