Broad market: for those interested, here's a summa
Post# of 72440
http://www.marketwatch.com/story/us-stock-ral...2017-04-26
One of the reasons technical analysis can work for indexes and LARGE CAP stocks is that so many people use technical indicators, it becomes a self-fulfilling prophecy.
Technical analysis really doesn't work on "story" stocks like most small biotechs and tech stocks, because a news event can totally change everything.