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The Bear Market Ended Months Ago, Says Master of Turning Points | Milton Berg
Forward Guidance
How Much Breadth Do You Have in the S&P 500?
On October 28th, we had a first breadth buy signal of this market. We look at the S&P and we add small cap issues to it as well. And that showed on a 10-day basis, it showed 10 times as many upside,. It showed 2.04 as many stocks to the upside as to the downside in one day. So yes, the 493, 12, upstands in volume is an aberration that should not have taken place unless it's a major change going on in the market.
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