Failure of the Market Breadth Thrust? Refer to the Wyckoff Logic from 2011 Bear Market
The market breadth thrust drops sharply from above 90 to 33 in 2 weeks, which is a weakness in the market. Will this sharp pullback violate the previous analysis on spotting the market bottom with the breadth thrust?
Let’s refer to the Wyckoff logic from 2011 bear market to find out whether the current pullback in S&P 500 is still healthy. Click and watch the video below: