Asbury 6 Turns Bearish, Shows ‘Quality of the Market’
Schwab Network · Schwab Network
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Show Notes
John Kosar discusses the “Asbury 6” as it turns bearish. The Asbury 6 is a measurement of various market metrics, including S&P 500 rate of change, volatility, trading volume, and market breadth. 5 out of the 6 are negative right now, with the S&P 500 rate of change the only one in the green. Most of the metrics have changed over during April. He discusses how the Asbury 6 can show the “quality of the market” in these times of uncertainty and volatility.
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