Updated NYSE and Nasdaq Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.

Another week, and more new highs. The major stock indexes. i.e. the S&P 500 and Nasdaq 100 continue to soar to new highs, closing the week strongly. But they are now moving out of their normal weekly range, as some have moved outside of the 3 times their average weekly range Keltner channel - which is quite rare, as around 95% of time or so the price action will trade within that range.

For the watchlist from Thursdays scans - AAXN, APPN, FBIO, FUTU, GH, IRDM, KRTX, MRNA, MRVL, OESX, RUHN

For the watchlist from Wednesdays scans - AOSL, BF/B, ES, GRWG, ICE, JCOM, LEN, LSXMA, NIO, PHM, PLG, TGNA, WLH

For the US Breakout Stocks Watchlist from Tuesdays scans - AKTS, ALTR, BEST, CAMT, CGC, CRON, DDD, EDIT, FRTA, MYOK, PATK, PGNY, PRGO, TOL

For the US watchlist from Mondays scans - BRKR, CCC, CGNX, COHR, EHC, HACK, HLNE, LSCC, MOMO, NOVT, RADA, RCM, SHLX, SPCE, STAA

Brief video screencasts of the US and Canadian Stocks Watchlist from the weekend scans

Each week I look beneath the surface of the US stock market, and go through the key market breadth charts, such as the NYSE Bullish Percent Index, the Advance Decline Line, the New Highs - New Lows etc and some custom breadth indicators of my own in order to determine what the Weight of Evidence is suggesting in terms of the US stock market direction.

The four stages and sub-stages definitions from Stan Weinstein's Global Trend Alert

The purpose of this Study Guide will be to help people learn to identify the Stages and to emphasise the importance of a full analysis taking into account the various technical attributes that we look to for guidance in determining the Stages i.e. price action in relation to the 10 and 30 week moving averages, volume, relative performance versus the market and the sector, support and resistance zones etc.