Moving down means leaders strengthening and breadth weakening.
Moving up means laggers catch up with leaders!
So after a good move down.. a move up usually means strong moves down in SPX.
Moving up can also be seen as sign of strengthening breadth and a bottom.
Moving up means laggers catch up with leaders!
So after a good move down.. a move up usually means strong moves down in SPX.
Moving up can also be seen as sign of strengthening breadth and a bottom.