Market in pullback mode | stockbee


Market in pullback mode

Market Monitor

Market in pullback mode after a
big three month rally

Daily# of Stocks Up >4% on high volume150
Daily# of stocks down >4% on high volume 260Another negative day.
The pullback continues.
Primary# of stocks up >25% in a quarter2529Breadth is still positive. So this is
in primary bullish trend.
Primary# of stocks down >25% in a quarter437There is no major deterioration in breadth so far.
Secondary#of stocks up >50% in a month17Overbought levels are finally below 20.
Secondary#of stocks down >50% in a month3
Secondary#of stocks up >25% in a month101
Secondary#of stocks down >25% in a month31
Primary fast MM 34/13 + 1926This ratio will be the first to indicate
breadth has turned negative.
Primary Fast MM 34/13 - 1374

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