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Oct 09 2018

MTI: Internal Weakness Reaches Major Market Indexes

  • Oct 9, 2018

The weakening we’ve observed for several weeks in most internal stock market measures began to spread last week to the “externals,” i.e., the major market indexes like the DJIA and S&P 500. Still, we are amazed these indexes remain so close to their cycle highs in light of the extent of subsurface damage reflected in the daily and weekly breadth figures.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager