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SPDR S&P 500 ETF Trust

Number of stocks on 52 week Hi and Low levels are in ATH

394
Covid stimulus makes Bonds yield down which leads to All time high phase in MADX index.

Meaning - Markets are pumped so high that number of stocks on 52 week high price levels on maximum since the indicator started.

This could lead to slow down Uptrend and Side trend after.
atolia
Also on:
Fundamental AnalysisMADXQQQSPDR S&P 500 ETF (SPY) Trend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Fundamental AnalysisMADXQQQSPDR S&P 500 ETF (SPY) Trend Analysis
atolia
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.