Peak Parade, Seasonal Patterns, Small-cap Breadth Lags, A 90% Down Day, SPY Fails in Gap Zone, QQQ Continues to Struggle (Premium)
Stocks closed weak on Tuesday and are set to open lower on Wednesday, which means the corrective process is set to continue. It is still a bull market according to the Composite Breadth Model and the weight of the evidence, but the near-term picture is looking shaky with QQQ struggling