Major US Stock Indexes Update - NYSE, Nasdaq, S&P 500 & DJIA
Here's the overview charts of the US Bullish Percent and Moving Average Breadth.
NOTE: the breadth continues to gradually weaken overall, although still in the bullish ranges. So nothing serious to note yet from the charts, but the S&P 500, Dow 30 and NYSE markets haven't followed the Nasdaq Composite to fresh continuations. So it is giving me some pause about the market health.
So taking into account the market breadth positions, I'm going to change my Stage rating for the US market to Stage 2B.
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.