Most stocks, industries, sectors, and world indexes are unhealthy
A good way to determine whether a market environment is healthy or not is by watching how many stocks and indexes are holding above their 200-day moving averages. Healthy markets see most of them holding above, with dips below quickly getting bought. So far, we're seeing the opposite among stocks, industries, sectors, and worldwide indexes.
This post is available to SentimenTrader members only.
Log into your account
To view this blog post, you'll need to log into your SentimenTrader account.
Login to your account
Don't have an account?
Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.
If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.