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Asbury 6 Goes Red: What Market Internals Signal
Description
John Kosar shares the latest Asbury 6 metrics, a way of measuring market health. All six metrics turned red as of March 6, and John explains what that could spell for market movements. “The market’s vulnerable to more technical weakness.” He looks at support levels for major indexes and argues that “by early next week,” if the market doesn’t find footing, we’ll have a “tough start to the second quarter.” John also looks at the S&P 500 by sector, measuring inflows and outflows.
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