Stage Analysis Video Training Course

Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis - Page 217

NYSE Market Breadth Update

Attached is the NYSE Bullish Percent Index and the NYSE long, medium and short term moving average breadth charts.

The NYSE Bullish Percent Index

       

NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts

           

NYSE Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages line charts

           

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Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

NYSE Advance Decline Charts

Attached is the updated 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.

Note: A few more bearish signals appearing in the advance decline charts.

                       

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

NYSE New Highs New Lows Charts

Attached is the NYSE New Highs / New Lows charts.

Note: All three charts are back in bearish territory.

           

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: Market Breadth Extra

Both methods.

Dow Transports - Stage 1A attempt

The Dow Transports is attempting to move into Stage 1A.

       

isatrader

Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.

RE: Market Breadth Extra

All major indexes back above 150 day ma's, back to bullish or whipsaw signal? Stopped out of shorts and back to neutral.

RE: Market Breadth Extra

(2015-11-22, 11:07 AM)shaunattwood Wrote: All major indexes back above 150 day ma's, back to bullish or whipsaw signal? Stopped out of shorts and back to neutral.

FTSE100 & FTSE250 still below falling MAs. However, FTSE100 is heavily biased to miners. Would expect them to vagely follow the other indicies.

RE: Market Breadth Extra

(2015-11-22, 08:33 PM)pcabc Wrote: [quote='shaunattwood' pid='9363' dateline='1448186879']
All major indexes back above 150 day ma's, back to bullish or whipsaw signal? Stopped out of shorts and back to neutral.

Long term chart of the last 20 years with a 12 month MA of the S & P. The MA is only broken during corrections and major downturns. Right now the s & P is over the 12 month MA but there is a divergence if you look at the MACD.

In Stan's interview in 'Technically speaking' he stated the 50 Day MA could be used as an intermediate move. The S & P is currently above the 50 day MA. My understanding of intermediate is over 2 weeks to a couple of months.

The same interview states the MACD and stochastics on a weekly chart could be used for an intermediate time frame. Stan state the stochastics gave an earlier signal than the MACD. The S & P on weekly stochastics seem to be topping out, The MACD doesn't show the move topping out yet.

Continuing in the interview Stan states the Stochastics and the MACD on a daily chart can be used to demonstrate the short term momentum (I assume one to two weeks). The stochastics on the daily seem to be moving up.

Stan also goes on to say it is important to know what your indicators are telling you and to be able to differentiate between longer term and shorter term indicators.

In the process of learning I posting what I think is a possibility from just a few indicators. Stan Weinstein would be able to paint a picture using his weight of the evidence from many indicators.



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