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

Friday, March 31, 2017

$SPY Pattern and Trend

Now that the month and quarter are over, the conviction behind the Trump rally can be tested in earnest on Monday:


















As can be seen from the chart above, the majority of counter-trend swings, during the last year, have lasted 3 - 4 weeks.

Despite this being heralded as one of the strongest quarters in years, the monthly bull/bear ratio remained unchanged for the quarter:

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