Strong breadth today again and will close at new highs on NYSE Cumulative breadth, so many rotations under the hood lately getting the public too bearish but strong buying under the hood from the pro's https://t.co/6ktV7GaEZp
$NYA trading near record highs suggesting market breadth is robust https://t.co/f8Bf2G2qpO
Breadth and Cumulative TICK showing trend day up characteristics


Recent analyses indicate a significant strengthening in the breadth of the U.S. stock market. Notably, the NYSE Composite Index ($NYA) is trading near record highs, reflecting robust market breadth. The TICK indicator has shown high session levels, particularly driven by small-cap stocks. Additionally, the cumulative TICK and breadth indicators suggest a trend day with upward characteristics. With low TICK readings at only -208, the market is experiencing strong breadth and a surge in volume ratios, indicating potential bullish momentum as the market approaches the Labor Day weekend. Analysts suggest that this strength in breadth could lead to continued buying pressure, countering bearish sentiments prevalent among retail investors.