- The percentage of stocks trading above their respective 50-day moving averages ended its downtrend.
- The apparent expansion in market breadth signals a broadly bullish shift in trading that should benefit more and more stocks.
- Trading in small caps and the economic signals critically important to small companies look to provide the key pivot point for market breadth.
- Even the percentage of stocks trading above their respective 200-day moving averages looks like it has finally bottomed.
For further details see:
A Brief Bear Cycle Gives Way To A Bullish Shift In Market Breadth