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Aug 05 2022

The Rally: Impressive, But Not Yet “Thrust-Worthy”

  • Aug 5, 2022

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.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager