Market breadth analysis for May and June

It seems that market breadth analysis saw a turning point in June, when the score went mostly negative.

This is the market breadth analysis as of the end of May 2015.

1. A/D line is at -282, moving down after a peak at 300 in mid May, which represented a divergence against the $NYSE. -1
2. NYSI is at 174 and descending. +1
3. NYHL (EMA10) is positive at 22, after a recent high of ~60 in mid May. There is a clear divergence against $NYA between the peaks of March, April and May. +0
4. NYA200R (EMA20) is at 60 (+1 when n>50) although making lower highs. +1
5. NYA200R (ROC14) is at -7, inside the [-20, 20] range, indicative of trend. +0
6. CPC (50MA) is at 0.98, indicating a bull market, although it is getting pretty close to crossing up over 1. +1

Score: +2

$SPX at the end of May was 2107.



And the end of June.


1. A/D line is at -432, moving up after a peak at 200 in late June and a lower bottom at the end of June. Trending down. -1
2. NYSI is at -299 and descending. -1
3. NYHL (EMA10) is negative at -87, after a recent high of ~35 in late June. It and $NYA are now heading lower. -1
4. NYA200R (EMA20) is at 52 (+1 when n>50) heading lower. A weak +1
5. NYA200R (ROC14) is at -15, inside the [-20, 20] range, indicative of trend. +0
6. CPC (50MA) is at 0.99, still barely indicating a bull market, although it is getting pretty close to crossing up over 1. A weak +1

Score: -1

$SPX at the end of June was 2063.