MARKET BREADTH NYSE
Net Advancing Issues -2744
Net New Highs -239
Net Up Volume -1,831,645,572
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 11867
*SHORT TERM DOWNTREND | Directional wave | Prior support 7882 | Prior resistance 9794
CHART WATCH
Next critical area is the 7882 support level. For now, it is likely to give way to a new downleg. We'll just have to wait and see what happens. All timeframes continue to trend down.
Net Advancing Issues -2744
Net New Highs -239
Net Up Volume -1,831,645,572
TRENDS
*PRIMARY DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Directional wave | Prior support 10827-BROKEN | Prior resistance 11867
*SHORT TERM DOWNTREND | Directional wave | Prior support 7882 | Prior resistance 9794
CHART WATCH
Next critical area is the 7882 support level. For now, it is likely to give way to a new downleg. We'll just have to wait and see what happens. All timeframes continue to trend down.
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