Market Breadth Data

Friday, April 24, 2015

$QQQ Pattern and Trend

The Qs have covered 82% of the '90 - '00 track in 68% of the time:


Thursday, April 23, 2015

$SPX Accumulation and Distribution

From a Seasonal point of view, the current week is one of the strongest for the year, and the SP500 made a new high right on cue:













Bulls give the impression of feeling a little skittish and gun shy, however:












which is also reflected in a lagging momentum indicator: