NYSE Bullish Percent Index - Bull Confirmed Status
The improvement in the market breadth continued yesterday with the NYSE long and medium term key breadth measures both having double top breakouts. These are the key breadth measures that I follow. And their positions suggest that we've put in a significant low.
The NYSE Bullish Percent Index
The head coach went to Bull Confirmed status with it's strongest signal from the lower zone above the 30% level. So risk is back on in the long term indicator.
NYSE Percentage of Stocks above their 150 Day Moving Averages P&F charts
The other key measure had a breakout, but is still in the lower zone, and so moves to Bull Alert status until it closes above the 30% level, which would then move it to Bull Confirmed if it does.
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.