A series of negative breadth divergences is signaling caution but breadth divergence can persist for a long time. These should be regarded as cautionary conditions and not outright sell signals.
What is covered in the Full Insight:
Market Overview: Tactically Cautious, But Not Bearish
The Need for Cheap Protection
The Problem with Narrowing Breadth
Underperformance of Value and Cyclical Sectors
Silver Linings: Positive Signs
SUMMARY
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