Summary
Although the stock market was launched, it has recently been very occurred on many deadlines and the feeling has remained horrible. It could be the cause of days as Wednesday, when there was great pop. But there is still much to fear to look at the technical state of the market. The long -term extent is terrible and has been in the danger area since the beginning of March. The volume of S&P 500 shares (SPX) above their 200-day average flowed to a recent 23%lower, the lowest level from the 2022 bear market (when it fell to 12%). Some 21% of S&P 100 shares are greater than their 200 days, while reading the qqq fell to 28%. When we look at most graphics, it is difficult to find an optimistic, even neutral graphic. Sometimes things seem so bad that they end up becoming good! Reading New High-New Lows from NYSE News has crossed below its 50-day average, its first sale signal since 2022 and 2023. Even more worrying is that new NYSE stockings have recently increased by more than 1000 problems, or 37% of the problems of the index. When this reading exceeds 10%, it was generally a bad sign for actions. From the point of view of the momentum, the weekly curve of Coppock fell on a downward territory and is still down, after having followed a huge downward divergence at the end of last year. The monthly COPP
