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Strategies & Market Trends : News Links and Chart Links
SPXL 231.87+1.9%Jan 9 4:00 PM EST

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From: Les H11/3/2025 7:36:34 PM
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At the low today, 35% of the S&P 500 were above their 50-day moving averages. The 20-day moving average of that statistic is at 48%. It bounced up a little as the S&P 500 pulled back.

$SPXA50R | SharpCharts | StockCharts.com

Either (1) broad-based rally and the average rises along with the indexes, (2) broad-based rally and the large caps fall while the other indices rise, or (3) everything starts to break down.

It looks like we're in a topping process before the weak seasonality in the first quarter. JMO/



New month, same old. Money is flowing out of mutual funds and into index ETFs. They were reporting it's on track for 1.2 trillion dollars flowing into exchange-traded funds for 2025.
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