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Breadth is deteriorating
Tuesday, March 7, 2017 5:49
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(Before It's News)
Breadth Deterioration in last 10 days. 6 negative breadth days. Makes me cautious but not excessively bearish. Last year such breadth deterioration persisted for months.
Periods like these can lead to series of breakout failures and reversals during the day.
What it means is lower per trade risk. Lower overall market exposure. Tighter stop.