Big drawdown after new high in Advance/Decline Line

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-03-04 at 16:50:56 CDT

In years past, we’ve looked at the line in a lot of different ways, including the idea that when it hits new highs, drawdowns in the S&P 500 over the ensuing months tend to be limited. Protracted bear markets do not often begin soon after breadth hits new highs. Our current environment is ...

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