I've seen several blurbs of late on how positive breadth readings are for the S&P 500 Index, particularly the comparison between advancing and declining members.
That, the cumulative advance/decline line, is one of the breadth measures we diligently track, and, yes, it indeed says good things about the present state of market affairs.
Here's our long-term working chart for the S&P 500's:
"I might warn a Young Turk incessantly about the horrors of a crash or bad market, but I will not likely make an impression on one who hasn’t lived through the experience. If societies can forget and then repeat the horrors of war, they can certainly forget the temporary ruination of a stock market crash."
I'm not, mind you, predicting a crash.... just sayin....
Have a great day!