Stocks Above their 50-DMA

Here’s a chart that shows just how badly the market’s internals have deteriorated. This show the percentage of stocks in the S&P 500 that are trading below their 50-day moving averages.

On September 21, 73.2% of stocks in the index were trading above their 50-DMA. By October 11, that was down to 11%.

Posted by on October 22nd, 2018 at 10:15 am


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