24/05/2026
During the market rally since March, the NYSE Summation Index failed to break above the +500 level and has recently started to turn down. This suggests a lack of momentum in the NYSE Advance-Decline Line, indicating that market breadth may not be as strong as the headline indices imply.
Please note that I am merely stating the current market condition. Market breadth can still improve from here, but the present weakness may also serve as an early warning sign of a meaningful correction around the corner.