My trading friend (and, these days, shoulder to cry on) Northman Trader put up a Tech Dreck post which neatly shows the rot beneath the glowing surface of the NASDAQ. These charts all scream “poor breadth”, and if our bullish friends want to continue this nonsense into 2016, they’re going to need to see a lot more participation from stuff besides just the heroes of FANG.

The monthly…….

And even longer-term…….