Market breadth indicators | Part 5 | Are a lot of stocks in deep drawdowns?
Channel: CMC Markets plc
Date: 2022-08-26

In the fifth and final video of this series, Andrew Thrasher CMT looks at a bearish indicator: stock drawdowns. By looking at how many stocks are down 10%, 20%, or 30%, Andrew notes that traders can identify weakness in the market and pinpoint where selling action is taking place. These sell-offs can exert a bearish pressure on the overall market.
Focusing on the Russell 2000 and the index’s average drawdown, Andrew observes that there is a lot of weakness to be found in small-caps stocks. 

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Part 1: https://youtu.be/NU9xhmcH-Os
Part 2: https://youtu.be/E1wZ2itjggY 
Part 3: https://youtu.be/iU9JVgmrC6c 
Part 4: https://youtu.be/5zoUGC8nWVA 

#stockmarket #drawdown #russell2000 #smallcapstocks 

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