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Percent of Stocks Above 20-Day Average
Long

MMTW 20/50-Day averages similar to 2016

180
I looked back to find a similar structure in the 20 & 50 day MAs of SPY, NAS, & NYSE. It looks pretty similar to 2016.
Drip_Drop
Beyond Technical AnalysisMMTW

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Beyond Technical AnalysisMMTW
Drip_Drop

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.