NYSE Market Breadth Update
Attached is the update of the NYSE breadth charts. A breakdown during the week for the longer term Percentage of stocks above their 200 Day MAs, and so the medium and long term Percentage of stocks charts are now both on sell signals, whereas the short term Percentage of stocks above their 50 day MA chart has had a small rebound and so is in bear correction status.
The cumulative advance decline line remained below it's breakdown level at the end of the week and so remains bearish currently. But the cumulative new highs minus new lows is still hanging on above it's 50 day MA.
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.