Tuesday, June 4, 2019

Green Shoots

Whether the green shoots will flower and fruit remains to be seen but some positives under the surface today.

First there were a decent amount of stocks breaking out today.

Breakouts
New highs over new lows is beginning to trek north bound.

New Highs Over Lows

Currently there are more stocks making all time highs than all time lows.  The number of stocks down across multiple time frames has snapped back as well and there is the potential for a positive cross over across all time frames.
Daily High Lows

For swing trading with the wind at one's back a window may be opening here.

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