NYSE Market Breadth Update
Attached is a few of the market breadth charts. Another sell signal appearing today with the NYSE Percentage of Stocks above their 150 Day Moving Averages charts giving a double bottom P&F sell signal. The NYSE Bullish Percent Index moved to Bull Correction status last week on the 5th June and there is a number of sell signals on the NYSE advance decline line measures.
So the WoE for the NYSE is suggesting caution imo, and we will have to see if that carries over into over markets as well.
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.