Monthly Breadth: Dark Clouds Or A Ray Of Hope?

Source: Chris Ciovacco Published on Monday, July 1 2019
MONTHLY BREADTH - MARCH 2000Last week’s post looked at a weekly volume-based breadth indicator. With June in the history books, it is a good time to review the message from monthly breadth charts. As shown below, the monthly NYSE Advance-Decline Line peaked in 1998 and thus was saying “pay closer attention” well before the S
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