Market Regime – Zweig and 5/200 Cross Bullish, but Long-term Breadth net Bearish
It seems as if there are conflicting signals in the stock market. The Zweig Breadth Thrust triggered bullish on April 24th and the 5/200 Filter Cross triggered bullish on May 15th, but the long-term trend and breadth indicators remain decidedly bearish. NDX %Above 200-day SMA ($NDXA200R) is the only indicator (of 15) to trigger bullish.
Market Regime – Zweig and 5/200 Cross Bullish, but Long-term Breadth net Bearish Read More »