Chart o’ the Day: Internals Confirming Strength

Long-time readers know that one of the few market “indicators” I have any use for involve internals or what the technicians call breadth. I don’t necessarily trade on it, but it informs my thinking about how strong or weak a price trend is. During an advance, you want to see more stocks going up than are going down, which is intuitive and not especially insightful. Things get really interesting when the ...

source http://thereformedbroker.com/2017/12/24/chart-o-the-day-internals-confirming-strength/