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Breadth is deteriorating

Tuesday, March 7, 2017 5:49
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(Before It's News)

Breadth Deterioration in last 10 days. 6 negative breadth days. Makes me cautious but not excessively bearish. Last year such breadth deterioration persisted for months.


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Periods like these can lead to series of breakout failures and reversals during the day.

What it means is lower per trade risk. Lower overall market  exposure. Tighter stop.



Source: http://stockbee.blogspot.com/2017/03/breadth-is-deteriorating.html

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