Market Breadth

Looking under the hood using internals to understand the real strength and weakness of the market.​

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Trends Growth Graph

Trend​

The long-term trend changed to bearish. Though there is no lower-high yet, the lows have fallen below previous lows. There is no Memory trend line support anymore.

Internals

Internal​

Market Breadth for this week is bearish. Five of the six internals went down. All closed below zero.

Charging Bull in Lower Manhattan, NY.

NYSE/NASDAQ​​

NYSE (+1.75%) was stronger than NASDAQ (+0.68%), continuing its leadership from previous two weeks.

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Noteworthy

Though both NASDAQ and NYSE went up for two successive weeks, in the weekly charts the trends continue to be down. This weeks' candles ended with upper tails which show bulls were not strong at the end of the week.

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