Breadth Strength Update


person using macbook pro on black tableImage Source: UnsplashIn spite of the recent mega-surge in equities, I’d like to point out that the 80,000 foot view of market strength isn’t looking quite so peachy. Below is the chart of the percentage of stocks above their 200-day moving averages.More By This Author:Crocs: A Durable Brand, But A Chart On The Brink Missed Opportunity: Huntsman’s Plunge And The Puts I Sold Too Soon DJTriangle

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