The stock market’s breadth on Wednesday was very positive because the stock market rallied, with Up Volume exceeding 85%. The stock market’s breadth on Thursday was negative because the stock market fell, with Up Volume below 30%.
In other words, this was a very quick reversal in breadth. Historically, this was a bullish sign for the stock market on a 1 week - 1 month forward basis
Submitted June 01, 2018 at 02:34AM by markethistory https://ift.tt/2J5B6u5
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