Market Breadth Says This Is The Real Deal

Discussion in 'Technical Analysis' started by myminitrading, Jul 12, 2007.

  1. We have been diverging for quite some time, leading me to belive this rally was weak.

    Well it looks as if for real. Unless my data is corrupt. The green line is a 10 day simple moving average top smooth things out.
  2. PetaDollar

    PetaDollar Moderator

    Interesting. When was the last time there was a divergence for so long, and then all the sudden the breadth is there... and what happened after that??
  3. My data only goes back to 2001, maybe someone else can take a look I would also like to know.