Indexes Strong Participation Poor

Looking at the monthly time frames of the major indexes, you would think we are in a pretty strong market. While a few names have done well, support is not broad-based, and breadth is poor. So will participation start to get better eventually, or will the indexes succumb to the poor breadth?

This week, pay attention to the low put-call ratio in the SPY to help guide the direction. My Moxie Indicator™ Mastery Program members learn how to combine fast-moving signals and track movement as the market makes history. Join us as we track the profit opportunities!

SUBSCRIBE

Move from reacting to predicting market flow. Join TG’s “Profit Pilot” E-Letter to get actionable insights from his chart analysis so that you can finally catch trends on time.

We will never sell your information to any third parties.