SentimentEdge report

Jason Goepfert

8-04-2022 at 11:00 am

A key to a healthy environment is turning positive

The McClellan Summation Indexes on both the NYSE and Nasdaq exchanges have turned positive. This is the first time in more than six months that both of them have been above zero, ending a near-record streak below zero. Recoveries have tended to precede positive returns, especially on the Nasdaq.

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