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S&P 500 Index
Long

Breadth is not that bad in fact we have a positive divergence

By indiacharts
Diffusion indicators can be funny, and after the recent panic selling, US stocks are seeing a higher low in the number of stocks above 50dma. Now, the reading has bumped back higher to 59% as the market is rallying. So, this looks like a strong sign of stability. Nothing broke down despite the volatility.
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