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

Wednesday, May 20, 2020

SPX Pattern and Trend

The SPX is pushing against the top of the range and all signals (two weekly and two daily) are bullish:

However, market breadth is one day away from overbought levels, 

and the three major indices (DJIA, SPX and NDX) have reached, or are nearing, maximum capacity:




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.