If you lot click on the daily nautical chart of the S&P 500 Index (SPY) above, you'll run into inward bluish the publish of stocks across the NYSE, NASDAQ, together with ASE that registered fresh 20-day highs at the electrical flow together with previous marketplace peaks. Mad props to the Barchart site for the novel high data.
Although nosotros touched a novel rebound toll high inward SPY together with inward the NASDAQ 100 Index--as noted inward this afternoon's Twitter post--we accept non seen an expansion inward the publish of stocks making fresh 20-day highs.
I'll involve to run into an expansion of novel highs inward guild to consider the electrical flow deed a enterprise breakout candidate. And, piece we're at it, I'd too last encouraged if nosotros could run into the fiscal together with housing stocks participate inward the novel highs.
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