The Chart Pattern of the Cumulative Advance-Decline Line Continues to Make Lower-Lows

If the Cumulative Advance-Decline Line is flashing any message to investors now, my sense is the following is a good candidate:

Warning!  Warning! Breadth has to improve SOON to avert a major breakdown in the intermediate term A-D Chart pattern!

12 13 A-D Line 1130 GIF
12 13 A-D Line 1130 GIF
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!