Highlights
- Although market breadth is indeed improving, it has not yet impacted the Risk Gauge, which remains in the top half of Mixed in the medium-term.
- This means that there are still plenty of charts to short, despite this improvement.
- From here, we can only track towards one of three scenarios--"Strong Bull Market", "Stealth Bull Market", or "Deep Bear Market".
- Currently, the Risk Gauge supports either of the first two, while the latter scenario remains remote--for now.
