A summary of the NYSE figures:
No. of Advances: 770
No. of Declines: 2770
Personal Overall Breadth of Advance Decline Line: 62,449
30 Day Moving Average: 63,203
DJIA: 10,199
Movement: Down 91 points
Shanghai Composite (SSEC): 3172
Movement: Down 2 points
Comments: The broader market saw declines exceed advances 770 to 2770. This overall negative feeling across the broader market also saw the 30 Day Moving Average broken on the downside. This is never a good outcome & often is an early indicator of the market going lower. So still time to be well prepared & cautious in this market
Regards
Buffett
PS: Please confirm above figures with your own research & there is no guarantee given the information is totally accurate.
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