Why Narrow Market Breadth Should Concern You

2,713

127 0

Published 2024-07-01

07.01.24: Julius de Kempenaer, creator of RRG, assesses the long-term trends as they are playing out on the monthly S&P 500 sector charts. He takes a look into the future using the expected seasonal trends for the month of July. Markets are still going higher but the path ahead is narrowing.

Julius' Public ChartList: stockcharts.com/public/2918885

👀 See what better financial charting can do for you!
Start your FREE 1-month trial today at stockcharts.com/
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP
✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: tinyurl.com/wvet7qj

00:00 - Welcome!
00:52 - Sector Performance for June
04:05 - Monthly Sector Index Charts
20:17 - S&P 500 Index ($SPX) Monthly Chart
23:39 - Seasonality S&P 500 ETF (SPY)
25:03 - Monthly Performance Spreadsheet: Offensive, Defensive, Sensitive
30:47 - Monthly Sector RRG
31:41 - Final Thoughts

👍🏻 FOLLOW US
Twitter: @StockCharts : tinyurl.com/tt7429e
@StockChartsTV : twitter.com/stockchartstv
Facebook: tinyurl.com/w2fsb42
LinkedIn tinyurl.com/t7u9568

#stockcharts #rrg #juliusdekempenaer
‪@StockChartsTV‬ ‪@CNBC‬ ‪@markets‬

❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show.
Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.

You should strongly consider seeking advice from your own investment advisor

–––––
ℹ️ ABOUT STOCKCHARTS
StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions.

ℹ️ ABOUT STOCKCHARTS TV
StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the cha

All Comments (5)

@StockChartsTV 7 days ago

Julius' Public ChartList: stockcharts.com/public/2918885 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at stockcharts.com/ 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: tinyurl.com/wvet7qj
@murators4732 3 days ago

Excelent as always. Thank you for your special point of view!
@dougl867 6 days ago

Great content, hard to find this type of analysis, very valuable, thank you for sharing
@william53 5 days ago

Market Breadth has narrowed because AI process has just started into the business cycle. Will take several years to become widely dispersed for broader marketplace.