From Euphoria to Oversold In A Day? – The Market Breadth

AT50 (MMFI) plunged to its 5th lowest close of the year on a test of the intraday low from August. Will AT50 finally achieve official oversold conditions this year?

Stock Market Commentary If you followed December’s deterioration in market breadth and/or paid attention to the inflation numbers and the smoke signals from the Federal Reserve, today’s market sell-off does not surprise you. What surprises me at the time of writing is the complete collapse in market breadth. The stock market essentially plunged from euphoria … Read more