Daily Report : The granddaddy of market breadth indicators triggered a warning
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The granddaddy of market breadth indicators triggered a warning: The granddaddy of market breadth indicators, the advance-decline line, triggered a divergence warning. Comparable divergences suggest equities could face challenges over a medium-term horizon. Moreover, several instances preceded or coincided with significant market tops. |
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The granddaddy of market breadth indicators triggered a warningBy Dean ChristiansBOTTOM LINEThe granddaddy of market breadth indicators, the advance-decline line, triggered a divergence warning. Comparable divergences suggest equities could face challenges over a medium-term horizon. Moreover, several instances preceded or coincided with significant market tops. FORECAST / TIMEFRAME |
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