35 days ago • Posted by Charles-Henry Monchau

Chart of the day: Over 86% of Nasdaq composite stocks are trading above their 200-day moving average - that is the highest number since February 2004.

Notice that historically spikes like this have commonly been faced with near-term corrections Source: www.zerohedge.com 

#Stocks
% of stocks within the Nasdaq stocks which are trading above their 200-day moving average
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