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Market breadth keeps deteriorating

Thursday, March 23, 2017 5:04
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(Before It's News)

Market breadth tells you how many stocks are participating in a market move. As you can see the breadth is now negative indicating lesser number of stocks are now leading the market move.

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Periods like these are more conducive to counter trend moves working than breakout. Whipsaws in breakout is the risk during such period. 



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

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