MARKET BREADTH NYSE
Net Advancing Issues 1,159
Net New Highs -445
Net Up Volume -1,512,410,932
TRENDS
*PRIMARY PROVISIONAL DOWNTREND | Directional wave | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Resistance 12320
TECHNICAL ANALYSIS
The index continues to compress within a 200pt range attempting to build a base for a potential correction rally. Meanwhile, all important trends are down.
Net Advancing Issues 1,159
Net New Highs -445
Net Up Volume -1,512,410,932
TRENDS
*PRIMARY PROVISIONAL DOWNTREND | Directional wave | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Resistance 13136
*SHORT TERM DOWNTREND | Directional wave | Resistance 12320
TECHNICAL ANALYSIS
The index continues to compress within a 200pt range attempting to build a base for a potential correction rally. Meanwhile, all important trends are down.
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