Worst Advance Decline Data Since November Bottom « Market Montage

While last Friday was a sharp drop (post Plan B failure) recall there was a late day rally to cut some of the losses; hence today's session is actually much worse from an advance decline perspective.  In fact you can see from the chart below it's currently the worst session since the mid November bottom.  While we still have three hours to go and that could change, from an anecdotal perspective today is the first day I am seeing serious damage to the charts that had held up since last Thursday even as the market suffered losses.

 

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