MARKET BREADTH NYSE
Net Advancing Issues -601
Net New Highs -586
Net Up Volume -53M
TRENDS
*PRIMARY PROVISIONAL DOWNTREND | Directional wave | Prior support 11634-Broken | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior Support 11731-Broken | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Prior Support 12076 - Broken | Resistance 12320
TECHNICAL ANALYSIS
Today's ODR and candlestick hammer hints of a potential correction rally in the short term downtrend.
Net Advancing Issues -601
Net New Highs -586
Net Up Volume -53M
TRENDS
*PRIMARY PROVISIONAL DOWNTREND | Directional wave | Prior support 11634-Broken | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior Support 11731-Broken | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Prior Support 12076 - Broken | Resistance 12320
TECHNICAL ANALYSIS
Today's ODR and candlestick hammer hints of a potential correction rally in the short term downtrend.
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