Market Breadth Data******************************

Wednesday, February 14, 2018

SPX Pattern and Trend

From oversold to overbought in 4 short days:

Similar action was last seen in August '17.
Then, in textbook fashion, the indices stalled for a few days at the 50% retracement of the previous leg down.

Market breadth is also gaining strength:

Monday, February 12, 2018

SPX Pattern and Sentiment

Weekly sentiment has collapsed completely:

consistent with previous market turning points.

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