Bad Breadth & Big Divergences
Aug 27th 2021 9:59am EDT
Bad Breadth & Big Divergences Authored by Michael Lebowitz via RealInvestmentAdvice.com, BIg Divergences While the market continues its bullish advance (why not with $120b in QE), the divergences between price and other internal indicators continue to widen. Another trip to the 50-dma would be a near 3% crash, and a decline in the 200-dma (which hasn’t happened […]
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