Subject: Re: BCC calculations
By the tiniest of margins, but yes.

On the other hand, DBE takes another step up.

I don't second-guess mechanical indicators. But if there's cause for concern about the general state of the market, it's lack of breadth, rather than performance of top-heavy indices like the S&P or Nasdaq. Almost 60% of QQQ's value is accounted for by its ten largest holdings. If you look at NHNL (Stockcharts version) over the last three years, you can see that participation has been narrowing for quite a while.

https://schrts.co/qmHZgHkH

Other similar measures tell the same story.

Baltassar