Breadth is deteriorating | stockbee

3/07/2017

Breadth is deteriorating

Breadth Deterioration in last 10 days. 6 negative breadth days. Makes me cautious but not excessively bearish. Last year such breadth deterioration persisted for months.

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Periods like these can lead to series of breakout failures and reversals during the day.
What it means is lower per trade risk. Lower overall market  exposure. Tighter stop.

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