Undoing Monday's Rally? | Trading HD, LC, M and More

Separating the winners from the losers.

Future Blue Chips

Nov 30, 2021

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Technical Breakdown — Breadth, SPY, QQQ, DAX

NYSE Breadth: 47.40% upside volume

NASDAQ Breadth: 50.25% upside volume

It was great seeing the markets bounce back on Monday after Friday’s poor action.

However, breadth was mild at best (about 50/50 in terms of upside volume). While a 55-handle rally for the S&P and a 340-point gain for the Nasdaq is no small…

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