Breath thrust as long-term momentum reaches inflection point

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-09-29 at 13:25:00 CDT

Stocks enjoyed a broad thrust on Monday as an overwhelming percentage of securities advanced. Coming off of a pullback within an uptrend, that has been a good sign. The long-term McClellan Summation Index fell below zero, though, which bears watching as momentum ebbs.

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