Moving Average Breadth Charts
Attached is the NYSE long, medium and short term moving average breadth charts and the NYSE Bullish Percent Index.
The long and medium term charts didn't have much movement, but the short term charts all reversed back to a column of Xs, and the three quicker measures all made double top buy signals and so move back to Bull Confirmed status near the tops of their ranges again. So it's a very mixed picture currently with some short term positives, but the short term NYSE Percentage of stocks above their 50 Day MA chart failed to get back above it's own 50 day MA, which is trending lower and it's relative performance is still below it's 200 day MA. So that's the chart I'm watching the most closely at the moment, as it's still leaning towards a down move soon imo, unless it can breakout again, which would reverse the negative signs it has.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.