The S&P 500 Loses Its Breadth

Bespoke Investment Group 48.89K Followers Follow Summary The S&P 500 fell 0.71% on Tuesday as its 10-day advance/decline line moved closer to oversold territory. The 10-day A/D line reading is now at its lowest level since 5/4, the last time it was oversold. Since closing in extreme overbought territory 13 trading days ago, the S&P 500 has posted just four higher closes and endured two separate three-day losing streaks. mustafaU/iStock via Getty Images The S&P 500 fell 0.71% on Tuesday as its 10-day advance/decline line moved closer to oversold territory. The 10-day A/D line reading is now at its lowest level since 5/4, the last time it was oversold. This article was written by Bespoke Investment Group 48.89K Followers Follow Bespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)