The S&P 500 Financials triggered a bullish signal when the percentage of stocks trading above their 10-day average surged above 80%, following more than 80% of the issues achieving an oversold condition. This surge from an oversold status occurred within the context of more than 80% of members closing above their 200-day average By: SentimenTrader | April 29, 2024
• The S&P 500 Financials triggered a bullish signal when the percentage of stocks trading above their 10-day average surged above 80%, following more than 80% of the issues achieving an oversold condition. This surge from an oversold status occurred within the context of more than 80% of members closing above their 200-day average.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor! • DiscoverGold
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