Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Today is the worst breadth day of the month but considering there have only been 2 down days all month that was an easy hurdle. Also recall at the close Wednesday, the S&P 500 was the most overbought it had been since the previous summer per the NYSE McClellan indicator. These past 2 days have helped work that condition off.
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