Yesterday, we posted a short video about the lack of participation within the mid- and small-cap universes. Here we had a rally to new all-time highs, yet we weren’t seeing much of anything out of the broad market. Today was a reversal of fortune for these indexes, which rallied more strongly than the large-cap indexes. Check out today’s less-than-three-minute video on the new participation numbers.
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Price Momentum Oscillator (PMO)
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