SentimentEdge report

Jason Goepfert

9-09-2020 at 10:30 am

The Nasdaq's momentum bubble gets pricked

The Nasdaq's momentum has ebbed, with the Composite index falling into its fastest-ever correction. This has ended some streaks of positive price action, and its underlying breadth is now negative on a longer-term basis but already stretched enough short-term to be oversold.

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 →