Troubling signs under the hood: Charts point to possible market selloff around corner

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Breaking News: Markets News

Markets,S&P 500 Index,Business News

David Keller breaks down the weak internal breadth he's seeing in the S&P 500.

While the S & P 500 and Nasdaq 100 have both pushed to new all-time highs in November, market breadth indicators have mostly not confirmed those recent highs. While the trends for the major equity averages remain undeniably positive, the lack of breadth support suggests a painful reversal may be just around the corner.

Click here for the full disclaimer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forget AI stocks, this supermarket name is more exciting, says chart analystDavid Keller breaks down the stock charts on grocer Kroger.
Source: CNBC - 🏆 12. / 72 Read more »

While the Magnificent 7 stocks flounder, this forgotten growth name is breaking outDavid Keller breaks down a cup-and-handle pattern in Visa.
Source: CNBC - 🏆 12. / 72 Read more »