Attached is the 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.
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.
US Sectors - Percent of Stocks Above their 150 Day Moving Average
Below is the Percent of Stocks Above their 150 Day Moving Average table in each sector, which is ordered by overall health. Also attached is the visual diagram of the 9 sectors and the two major exchanges that make up the sectors that shows a snapshot of the overall health of the US market.
Note: the overall sector average is at 63.39% (Stage 1 / Stage 2) currently and gained +0.84% since last week, with Financials, Industrial and Consumer Discretionary having the largest gains, and the largest of the sectors Financials has now moved back into positive territory above 60% for the first time since the recent Stage 4 decline. Also except Utilities the more defensive sectors are finally starting to move down the rankings.
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: Stan Weinstein Stage Analysis and Market Breadth
(2019-04-20, 10:52 AM)pcabc Wrote: US:
Interesting to note the upward short term trend in the AMEX advance decline line, as that can fall even in prolonged upward trends in the index.
10 years of the W5000 / AMEX chart. Unfortunately that is all the data I have at the moment. Also worth noting that the left hand edge is 2009, a sharp climb following the 2008 event. The point I am making here is that uptrends in the AMEX advance / decline line are relatively rare.
RE: Stan Weinstein Stage Analysis and Market Breadth
(2019-04-20, 11:08 AM)pcabc Wrote: 10 years of the W5000 / AMEX chart. Unfortunately that is all the data I have at the moment. Also worth noting that the left hand edge is 2009, a sharp climb following the 2008 event. The point I am making here is that uptrends in the AMEX advance / decline line are relatively rare.
OK, plotted against DJI as I have more data there: