Thursday, July 17, 2014

No Gnews is Good Gnews

Market Breadth

Breadth continues to erode on higher time frames.  This has been occurring over the past 12 trading sessions but for some reason the news today is the reason.  There is a subtle point here, however; when news is perceived as bad and the market does not shrug it off, there is a deeper underlying problem occurring under the surface to pay attention to.

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