Market dip was quickly bought. But breakout follow through is not as aggressive as we saw from mid December to January.
Many stocks after making first up leg are going sideways. So a more aggressive breadth thrust will likely results in next legs higher. But at this stage the breadth indicators are again in extended territory so a consolidation/pullback will be better.
Many stocks after making first up leg are going sideways. So a more aggressive breadth thrust will likely results in next legs higher. But at this stage the breadth indicators are again in extended territory so a consolidation/pullback will be better.
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