Breadth Deteriorated Sending a Serious Bearish Signal
(6) The different between NYSE stocks making new highs and stocks making new lows spiked sharply lower, indicating a strong bearish internals behind the selloff. For a clear description of what that could mean, please read the observations marked on chart..
(7) Another breadth indicator which is the stocks above the 200 days SMA has been showing extreme bearish divergence for more than a year, before falling sharply with the ongoing selloff.. tradingview.com/chart/pU7JIIOA/
To be continued...
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
(6) The different between NYSE stocks making new highs and stocks making new lows spiked sharply lower, indicating a strong bearish internals behind the selloff. For a clear description of what that could mean, please read the observations marked on chart..
(7) Another breadth indicator which is the stocks above the 200 days SMA has been showing extreme bearish divergence for more than a year, before falling sharply with the ongoing selloff.. tradingview.com/chart/pU7JIIOA/
To be continued...
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。