This fantabulous nautical chart from Decision Point shows advances as well as declines specific to the S&P 500 stocks. Notice that nosotros are making fresh acquit marketplace lows inward the SPX A-D draw of piece of job (bottom pane) as well as that thirteen of the final xv trading sessions accept had to a greater extent than declining stocks than advancers. Moreover, iv of the by xv sessions accept seen to a greater extent than than 400 decliners of the 500 SPX stocks--unusually wide weakness.
The province of affairs is really like with the S&P 400 midcaps as well as the S&P 600 small-scale caps: the A-D lines are at acquit marketplace lows as well as declining stocks accept swamped advancers for 3 weeks running. I volition resume regular coverage of marketplace indicators as well as S&P 500 cost targets starting with Fri morning's Twitter posts.
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