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

Friday, October 07, 2022

SPX and Market Breadth

 Market breadth reflects the uncertainty and confusion ahead of the release of September payrolls and CPI:













Daily numbers are overbought, weekly remain oversold, which explains the sideways action the last three days. The high odds move is to wait for both numbers to get in synch, or to give more weight to the higher time frame.

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