IF the stock market has entered into a bear trend the price / Breadth work we do is suggesting further upside should be fairly limited. Please note the position of the 10-day MA of NYSE advancing issues is at an upper extreme, BUT also please note the similar situation that occurred last October and how much farther the market was able to climb before any significant downside occurred. More in this weekend’s report and here in the Blog.
Stock Market / Breadth Update, Friday, February 26
by Tom Alexander | Feb 26, 2016 | Uncategorized | 0 comments