The S&P 500 has continued to pullback since the start of the year, and is currently -2.21% below the high set on the 28th December, and today closed below its 21 day EMA for the first time since the beginning of November. So it's a Change of Behaviour compared to the prior pullbacks since the October low...

Stage Analysis members video discussing the Major US Stock Market Indexes, Futures charts, Industry Groups Relative Strength (RS) Rankings, IBD Industry Group Bell Curve – Bullish Percent, the key Market Breadth Charts to determine the Weight of Evidence, Bitcoin and Ethereum Stages and the most recent US watchlist stocks in detail on multiple timeframes.

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

There were 24 stocks highlighted from the US stocks watchlist scans today...

Stage Analysis midweek video discussing of the major US stock market indexes following todays pullback, plus the short-term market breadth measures, and the recent watchlist stocks on multiple timeframes.

The percentage of US stocks above their 150 day moving averages in the 11 major sectors increased by +5.49% since the previous post on the 4th December 2023, moving the overall average into the upper-middle of the chart at 57.14%, which is a very neutral+ position.

Stage Analysis members weekend video discussing the Major US Stock Market Indexes, Futures charts, Industry Groups Relative Strength (RS) Rankings, IBD Industry Group Bell Curve – Bullish Percent, the key Market Breadth Charts to determine the Weight of Evidence, Group Focus on the Gold and Silver Miners, Significant Weekly Bars, and the US watchlist stocks in detail on multiple timeframes.

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

Stage Analysis midweek video discussing of the major US stock market indexes following todays Fed rate decision, short-term market breadth measures, and the recent watchlist stocks on multiple timeframes.