Penguin: "BTFD ?!?" - % of stocks above their DMA.

The daily chart is showing market sentiment from a breadth perspective: the percentage of stocks on the NYSE (2943 stocks) that are above their daily moving averages.
The trend is increasingly bullish but that increase has peaked in recent days.


[bDetail:

• MMTH - RED - Percentage of stocks above their 200 DMA
  MMOF - Percentage of stocks above their 150 DMA
  MMOH - Percentage of stocks above their 100 DMA
  MMFI - GREEN - Percentage of stocks above their 50 DMA
  

Average of all 4 - WHITE line
EMA10 of the white line - ORANGE line


All 4 indicators and their mean are above the midline with positive momentum .
That momentum has peaked in recent days and is no longer accelerating.