S&P/ASX 200 fell -0.7% and the market was down -0.9%.
Only 35 out of 150 (23%) largest-cap stocks ended higher. And 30% of all ASX stocks closed higher.
Only Utilities ended higher with a gain of 0.4%. Nasdaq led Technology to be the worst sector and lost -2.5%.
Gold stocks took a hit today, while Alumina (AWC) bounced off MA200 with a 3.9% gain after a 2-month sell-off.
Close > MA20 market breadth met resistance at the green line and turned back down. The bearish divergence with ASX 200 is quite obvious. This is a sign of weakness for the recent rebound.
360miq.com/market?data=ASX#tab-3
