Many technicians contend that the rebound off June’s lows triggered a bear-market-killing “breadth thrust.” Several gauges we monitor to capture this phenomenon contradict that claim. None has reached a threshold that is extreme enough to qualify as a thrust.
Aug
05
2022
The Rally: Impressive, But Not Yet “Thrust-Worthy”
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Bear Market Rally Breadth Thrust NYSE Moving Balance Indicator S&P 500 50-Day Moving Average Crossover SignalsLogin
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