Market breadth indicator is showing upper lows when market closed lower today. This kind of divergence showed in March as well, when breadth made lower lows, market was making new highs.
If breadth is not making new lows, we can see sudden change in market direction.
Market is kind of "No Man's Land" area right now.
If breadth is not making new lows, we can see sudden change in market direction.
Market is kind of "No Man's Land" area right now.