NYSE Market Breadth Update
Today has seen some damage across the board on the NYSE Bullish Percent and the NYSE Moving Average breadth charts, with the Bullish Percent reversing to a column of Os and through the key 70% level, which moves the status to Bear Alert. i.e. the market has the ball in it's half of the field.
The 200 Day, 150 Day and 50 moving average breadth charts are all now on Bear Confirmed status, with the 50 day MA chart at it's lowest point since June 2013, and rapidly approaching the lower zone.
The NYSE Bullish Percent Index
NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts
isatrader
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.
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.