Recent strong equities performance to new highs has yet to be confirmed by a run to
a new all time high for market breadth. Hardly fatal, but this non-confirmation is worth
your continued attention anyway as it could signal a more narrowly focused advance
for the market even if it does not necessarily presage a topping stage. Obviously, the
non-confirmation from the adv / dec line is small enough now that it could overcome it
easily enough during further positive price action. Breadth Vs. Price
No comments:
Post a Comment