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

Saturday, November 05, 2022

DJIA 200 dma Retest

 The DJIA is leading the major averages, and the battle for the 200 dma remains the key test for the resilience of the current upswing:

Daily and weekly market breadth readings are approaching opposite extremes, which adds a layer of uncertainty to the outcome.



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.