The broader market remains weak. Since the start of 2024 the broader market has actually gone down and remains weak, as shown by the Mcallen Summation index (shown below). This signals that the rally is not sustainable. The big question is: When to short?
https://www.marketinout.com/chart/market.php?breadth=mcclellan-volume-summation-index
The broader market remains weak. Since the start of 2024 the...
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Last
7,753.7 |
Change
26.900(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,726.8 | 7,784.8 | 7,726.8 |
| XJO (ASX) Chart |