SentimentEdge report

Jason Goepfert

6-22-2021 at 11:00 am

A Big Breadth Turnaround

Monday's session saw one of the best breadth days in the history of the S&P 500. It's unusual that it occurred so close to a new high. By late last week, there was a large deterioration in medium-term trends, but still with nearly 90% of stocks above their long-term averages.

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