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	Comments on: Commodities Analysis &#038; Trade Ideas 12-12-24	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Fri, 13 Dec 2024 16:20:11 +0000</lastBuildDate>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-12-24/#comment-34297</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 13 Dec 2024 16:20:11 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-12-24/#comment-34296&quot;&gt;Woodshed&lt;/a&gt;.

Agreed. &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Market breadth is a technique used in technical analysis that attempts to gauge the direction of the overall market by analyzing the number of companies advancing relative to the number declining. Positive market breadth occurs when more companies are moving higher than are moving lower, and it is used to suggest that the bulls are in control of the momentum. Conversely, a disproportional number of declining securities is used to confirm bearish momentum. source: investopedia.com&#039;&gt;Market breadth&lt;/abbr&gt; has been abysmal out of the gates today... false guise of strength from the 20%+ earnings-pop in AVGO with clear signs of institutional distribution among the bulk of stocks, including many of the Mag 8. AVGO&#039;s AI-releated gain is also NVDA&#039;s loss (or pain) &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;In My Opinion&#039;&gt;IMO&lt;/abbr&gt;. One day doesn&#039;t make a trend but I&#039;m eager to see how today closes.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-12-24/#comment-34296">Woodshed</a>.</p>
<p>Agreed. <abbr class='c2c-text-hover' title='Market breadth is a technique used in technical analysis that attempts to gauge the direction of the overall market by analyzing the number of companies advancing relative to the number declining. Positive market breadth occurs when more companies are moving higher than are moving lower, and it is used to suggest that the bulls are in control of the momentum. Conversely, a disproportional number of declining securities is used to confirm bearish momentum. source: investopedia.com'>Market breadth</abbr> has been abysmal out of the gates today&#8230; false guise of strength from the 20%+ earnings-pop in AVGO with clear signs of institutional distribution among the bulk of stocks, including many of the Mag 8. AVGO&#8217;s AI-releated gain is also NVDA&#8217;s loss (or pain) <abbr class='c2c-text-hover' title='In My Opinion'>IMO</abbr>. One day doesn&#8217;t make a trend but I&#8217;m eager to see how today closes.</p>
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		<title>
		By: Woodshed		</title>
		<link>https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-12-24/#comment-34296</link>

		<dc:creator><![CDATA[Woodshed]]></dc:creator>
		<pubDate>Fri, 13 Dec 2024 15:45:01 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=215978#comment-34296</guid>

					<description><![CDATA[I would love today to see a Bearish engulfing candle… I know it’s early but today has the makings for one]]></description>
			<content:encoded><![CDATA[<p>I would love today to see a Bearish engulfing candle… I know it’s early but today has the makings for one</p>
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