🟩 STOCKS ABOVE 200DMA - BULLISH

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S&P 500 Stocks Above 200-Day Average (INDEX:S5TH)

INDEX:S5TH S&P 500 Stocks Above 200-Day Average

trendanalysis chartpattern stocks spx500 breadth bullish tintintrading

While the general market indexes has been unconstructive (top chart) the stocks underneath the service are improving (bottom chart).

In this case we are looking at the stocks in the SP500 that are above their 200D MA (Picture is similar for the Nasdaq) - this is a bullish indicator and the reason why I am starting to dip toe in the water.

Remember this is was one of the main indications when I issued a sell alert in November 21.

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