26 days ago • Posted by Jasper Lawler

Massive divergence in number of stocks above their 50 DMA in Nasdaq vs S&P

This either just represents the change of sector leadership away from tech / growth towards cyclicals OR the Nasdaq is a leading indicator for the S&P 500.

Chart source: Twitter @LizAnnSaunders

#Technical Analysis
Massive divergence in number of stocks above their 50 DMA in Nasdaq vs S&P
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