Translation, more stocks are starting to deteriorate then strengthen while the Q's sit at the unchanged level.
***I have to run down the street to the Dr.'s office, should be back in 30 mins. or so.
Monday, March 28, 2011
QQQ Intraday Breadth Charts are starting to get ugly
Maybe tonight f I have time, I'll post on the daily breadth charts, until then, here are the Q's intraday breadth charts falling apart.
% of stocks above and below their 5 min 50 bar moving averages.
5 min QQQ advance decline line and ratio
Intraday momentum index and breadth below.
Translation, more stocks are starting to deteriorate then strengthen while the Q's sit at the unchanged level.
***I have to run down the street to the Dr.'s office, should be back in 30 mins. or so.
Translation, more stocks are starting to deteriorate then strengthen while the Q's sit at the unchanged level.
***I have to run down the street to the Dr.'s office, should be back in 30 mins. or so.
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