On today's show, we dive deeper into Market Breadth and Market Sentiment. These are 2 of my favorite supplements to price action.
At the end of the day, this is a "Market of Stocks". We want to treat it that way. Same with the humans. We want to analyze price, of course, but the humans (or robots built by humans) are driving these prices. We want to see how they feel as well. We call that market sentiment.
The lack of new highs in the market combined with a lack of bearish participants brings up red flags. So do the divergences in the Value Line Indexes, Credit Spreads, Advance-Decline lines, and many more.
If you're interested in the slides, shoot me an email:
[email protected] Password: Bad Breadth
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