Breadth deterioration continues
February 24, 2017
Less and less number of stocks are making bigger moves as a result there is significant deterioration in breadth
You can see similar thing on overall market breadth in Stockbee Market Monitor. The #of stocks up 25% in a quarter is declining while market was making new high.
Pulback tends to result from such divergences.
You can see similar thing on overall market breadth in Stockbee Market Monitor. The #of stocks up 25% in a quarter is declining while market was making new high.
Pulback tends to result from such divergences.
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