Overview the key market breadth charts that we follow in order to determine the Weight of Evidence, which guides our strategy and risk management.

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

Stage Analysis Members Midweek Video of the Major Indexes, Short Term Market Breadth Charts and a detailed look at the US Stock Watchlist from today.

The S&P 500 and Nasdaq 100 both pushed down towards their recent lows that were put in on the 24th January on the local Selling Climax (SC) and are currently making a potential Secondary Test (ST) of that low. So how well defended it is will give further clues to the market condition. i.e. do they form a higher low and push back higher in their Stage 3 ranges, or do they undercut and rebound, but form a Sign of Weakness (SOW), or breakdown completely and move into a major Stage 4 decline.

Detailed video of the US stock market indexes, market breadth, industry groups relative strength tables and the stocks from the weekend watchlist.

Detailed Midweek video for Stage Analysis Members of the US markets, short term market breadth and the US watchlist stocks

This weekends watchlist is dominated by a few group themes with around third of the stocks from the precious metals groups as spot gold is approaching its Stage 2 breakout level once more...

There were 30 stocks for the US stocks watchlist today. Here's a small sample from the list: AIRS, EXPE, HOG, V, + 26 more...

There were 27 stocks for the US stocks watchlist today. Here's a small sample from the list: ZETA, PXD, NEM, GOL + 24 more...

22.97% (-0.68% 1wk); Status: Very Difficult Environment (Lower Zone)