[isatrader]

Here's a different look at some of the breadth charts and their current positions. As you can see the Percentage of Stocks above their 20 day MA in the NYSE, Nasdaq and S&P 500 have all reached the lower zone, and the 50 day is testing that area also. Only the Nasdaq is the lower half of the range though on the medium term 150 day measure, but we have seen a sharp decline through July on all three.