📊 Market Median: yesterday’s read played out, but today the backdrop is different
Yesterday’s Market Median read was accurate: after the post, the market really turned green.
Breadth was strong, % above SMA200 = 68.07%, Median RSI = 58.61, and % oversold = 0.00%. That was not a fragile bounce but a constructively bullish regime.
Today the picture has changed.
📈 Regression deviation: -2.79% — the market has slipped back below its baseline path.
📍 % above SMA200: 37.32% — breadth has dropped sharply.
🔥 Median RSI: 31.60 — momentum has shifted into weakness.
🌪 Volatility: 0.57 — the market is nervous, but not in full panic.
⚠️ % overbought: 2.28% — there is no overheating.
🩸 % oversold: 41.60% — the market is now broadly oversold.
Bottom line: yesterday’s bullish signal played out cleanly, but today Market Median is already showing a very different regime. The backdrop has weakened sharply, and this now looks more like a pressured market with room for a technical bounce than a clean long-loading environment.
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