This $SPXA50R breadth indicator is still quite high but it can break down very quickly. It is going to be interesting to see what this does. It shows the % of stocks above the 50 day MA. It has been a very good indicator for me in the past so I watch it very closely. I just post this stuff for my own interest. If someone sees this and they get something out of it then that is great too. If you don't understand what I am posting about, drop me a line and say so. It won't cost you anything. It is really not difficult to understand this stuff.
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Saturday, November 14, 2015
$SPXA50R still quite high breadth
This $SPXA50R breadth indicator is still quite high but it can break down very quickly. It is going to be interesting to see what this does. It shows the % of stocks above the 50 day MA. It has been a very good indicator for me in the past so I watch it very closely. I just post this stuff for my own interest. If someone sees this and they get something out of it then that is great too. If you don't understand what I am posting about, drop me a line and say so. It won't cost you anything. It is really not difficult to understand this stuff.
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