๐ Current Market Median Reading / 28.04.26
๐ Regression deviation: -2.91% โ the market has moved clearly below its baseline path, and pressure has returned.
๐ % above SMA200: 32.25% โ breadth has weakened sharply, and broad support is no longer there.
๐ฅ Median RSI: 47.41 โ momentum has slipped into a neutral-to-weak zone, though it is still far from capitulation.
๐ช Volatility: 0.66 โ the market is nervous, and price action has become more erratic.
โ ๏ธ % overbought: 1.36% โ almost no part of the market looks overheated, so euphoria has faded quickly.
๐ฉธ % oversold: 1.36% โ there are still no signs of broad panic selling.
Bottom line: yesterdayโs move was likely helped by Fed liquidity on April 27, but today Market Median is already showing a different backdrop. Breadth has collapsed, price is back below its baseline path, and the clear long edge is gone. For now, this looks better for cautious shorts in correlated names than for confident long exposure.
#MarketSentimentToday #analysis $ZKJ $PRL $XCN
