The market breadth of 250-Day High Minus Low had turned down near the red line of 0%, reflecting that the downtrend is still intact. It has been bounded by 0% for 3 months now and would need to go positive to shake off the downtrend.
Also, more than 500 stocks hit a 250-Day low, including FB and PYPL. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&highlow=250-day%20Low
