Macro-Monday
The unweighted power gauge ratios of these ETFs is showing a narrowing of "the bugle" and more evidence of an economic slowdown. Don't forget you can visit our Market Conditions page any time to view these stats, updated weekly. Like the Chicago Bears, D-Fence, is this markets strength. You can watch our complete Macro-Monday analysis HERE
This chart plots the bull / bear ratio in a line chart, going back to 2014, when we stated tracking the ratio. We are most definitely in the lower range of where the ratio has been in that time. As of the opening bell the bull / bear ratio on the SPY is .42, further retreat is possible, and given the position of the oscillator, probable.
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