SentimentEdge report

Jason Goepfert

4-30-2020 at 3:15 pm

A 'double' Zweig Breadth Thrust just as we hit the worst six months

Over the past week, breadth has skewed heavily to the upside again, triggering another high reading in the 10-day Up Volume Ratio. This comes soon after a Zweig Breadth Thrust had triggered. When stocks enjoyed a double thrust, it usually signaled an important long-term continuation, but the next 6 months are questionable with a negative YTD return through April.

Sorry, this content is restricted to SentimenTrader members.

To read this post, please login to your account, sign up for our trading solutions or start a 30-day free trial to SentimentEdge report

Login →