Waning Number of NDX Stocks In The Uptrend
by Tom McClellan There have been “breadth divergences” galore piling up recently, and there are lots of ways to measure or depict that. Among these is the indicator shown in this week’s chart, which measures the number of stocks in the Nasdaq 100 Index (NDX) which are above their own 100-day moving averages. In the energetic … Read more