Market breadth is finally showing real strength.
Over 70% of $QQQ components are now trading above their 200-day moving average. That's the best we've seen in over a year.
This isn't just a handful of mega-caps doing the heavy lifting anymore. When breadth expands like this, it usually means the rally has more legs. More stocks participating = healthier market structure.
Still early to call it a full regime change, but this is the kind of signal that matters when you're trying to gauge whether this move has staying power or not.
Over 70% of $QQQ components are now trading above their 200-day moving average. That's the best we've seen in over a year.
This isn't just a handful of mega-caps doing the heavy lifting anymore. When breadth expands like this, it usually means the rally has more legs. More stocks participating = healthier market structure.
Still early to call it a full regime change, but this is the kind of signal that matters when you're trying to gauge whether this move has staying power or not.