More pain to come?
Top charts are the S&P, Nasdaq and Russell stocks above the 50DMA, below is the indicies themselves. Notice the divergences. The amount of stocks above the 50 are declining while prices moved higher. May lead to lower prices. Just something to keep an eye on until it gets itself worked out.
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.