Stockbee: Breadth continues to worsen

Breadth continues to worsen

March 9, 2017

Breadth is showing clear signs of selling pressure. Selling is not high intensity selling , but has been persistent.

Due to mean reversion tendencies market may be due for a bounce here. However sustained uptrend will require significant breadth improvement.

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Breadth continues to worsen

March 9, 2017

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