Yes, Negative breadth is well noted as well since the end of Nov.
We now have slightly negative future, but as we know that could change in a dime like yesterday trading.
However, BOE (?) raised interest rate unexpectedly. Would that control over flooded market with excessive cash?!
Need to be cautious, especially during earning season.
I see that you modified the chart which I posted with LT view. You read my mind. As noted on my previous post with comment of "triple top" formation as of yesterday close, we are waiting for a pull back.
Better to distrust this market action, and be ready for breakout scenario if and when it does.
Good trades
