The S&P 500 is experiencing a significant divergence between breadth and price, marking the widest positive gap observed in recent times. Bespoke Investment Group posted on X that the cumulative advance/decline (A/D) line continues to reach new highs, while the price remains stagnant. This unusual trend highlights a disparity in market dynamics, with breadth indicators showing strength despite the lack of movement in price levels. Analysts are closely monitoring this development to assess its implications for future market performance
source: https://www.binance.com/en/square/post/293647395989585?utm_source=BinanceNewsRSS