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CyclesFanOct 30, 2025 at 05:44 am
Pay attention to this. $SPX is at an all time high but its McClellan oscillator closed at -31. If we get a couple of big down days the oscillator may become as oversold as it was at the April low. This is the sort of setup which can prevent any significant sell off.
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JaguarAnalyticsOct 30, 2025 at 04:32 am
Extremely weak breadth people. 59% of $SPX components are below 50-day. 52% are below 100-day. Breakdowns everywhere: Staples, Materials, Retail, Housing and Banks on high distribution volume. Big reaction in 10-year bond yield, up +9 bps after FOMC.
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