Highlights
- The short-term Risk Gauge has flipped to 'Risk On,' joining the long-term gauge and putting the market one step away from a fully aligned 'Risk On' environment across all time frames.
- Market participation is steadily improving, with 54% of stocks now trading with a rising 200-day moving averages, while short-term overbought conditions in Materials and Financials should be welcomed in this regime.
- Leadership continues. . .
