Thursday, August 1, 2019

Breadth Inversion

A month ago today stocks hit levels of exuberance that generally unwind through price and/or time.  For short term traders this was a warning to be on alert for further deterioration.  Through following magnitude of moves by stocks across multiple time frames, the evidence shows accumulating negatives that have resulted in the acceleration to the downside.  Today this acceleration has inverted readings across multiple time horizons.

Breadth Inversion

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