NYSE Market Breadth Update
Attached is the NYSE Bullish Percent Index and the NYSE long, medium and short term moving average breadth charts.
The NYSE Bullish Percent Index
NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts
Note: All the moving average charts have moved into the lower zone. The long term 200 day is at the lowest level since 2011, and so only 26% of stocks are now above their 200 day MA's in the NYSE market.
NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages line charts
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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.