iBankCoin
Joined Oct 26, 2011
153 Blog Posts

Take A Big Breadth

 

broad-breadth breadth

Taken from early this morning less than an hour after the open. We sold off since then and the breadth is less overbought on daily basis now.

 

Most recent signal pulled nearly 2 and a half hours after market open. Still seeing bullish activity even as Russel reversed the gains and turned negative on the day. Seems like market is just digesting gains for now, and market is still largely in chase/short squeeze mode on the day.

breadth2

 

If you enjoy the content at iBankCoin, please follow us on Twitter