Market Breadth Data******************************

Wednesday, September 21, 2016

$SPY Post-FOMC Analysis

Just when the SP500 and related indices broke back within the consolidation zone, market breadth is reaching overbought levels. This usually precedes a sideways/down phase necessary for the market to catch its breath :













Next calendar CIT September 28th.
Resistance at the ATH

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.