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

Saturday, February 11, 2017

$QQQ Price and Time Update

The Qs nailed the price and time target set on January 27th. by reaching the 127.6 channel projection. Following a series of new highs, which left a couple of unfilled gaps, Market internals are nearing overbought levels, which usually precedes a sideways/down phase:

Market breadth on the NYSE continues to lag price action of the broader indices, such as the SP500:

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