BLOOMBERG Bloomberg Markets June 22, 2024
Whats actually moving. What you are looking at is the percentage of New York Stock Exchange stocks closing above their 200 day average, we are pretty low. Stocksonly at 36 of the trading above that technical level. We are around the lows of the year, i should point out. That is a bearish signal or a concerning signal, perhaps, for the rally sustaining itself. Elseet something technical analysts were looking at was the dow transport average. The big transportation related coverage for companies, at its highest in slate june. If you go inside my bloomberg terminal you can see that we are above t...