[isatrader]

NYSE and Nasdaq Bullish Percent Indexes

       

       

NYSE and Nasdaq Advance Decline Line and McClellan Oscillator and Summation Index

               

US New Highs - New Lows

               

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S&P500 versus Russell 3000

   

1. Price is looking like a volatility contraction pattern.  However, volume is not drying up with a spike on Friday's move down to the 50 day SMA.  Whether that bounces is unclear.

2. Advance /Decline and the volume version, the former has dropped not matching the previous high, the volume version is more bullish.

3. New highs minus new lows is neutral.  The cumulative plot is still above its 100 day MA but is rolling back down.

The Weinstein Momentum, 5, and 1% Advance / Decline, 6, are on zero having been positive.  The latter is actually slightly above it, but you likely need to zoom in to see that.

7 - 10 the various McClellan's are all bearish.

11-13, the various % stocks above various EMAs are all headed downwards, with only the % above the 200 day EMA being above 50%.

The silver 14 and gold 15 cross indicies are all headed downward, with the formet just dropping below 50% and the latter being at about 60%.

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Gold / Gold Miners & Bitcoin v crypto

Both looking weak:
       

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Stage Analysis Members Weekend Video - 19 December 2021 (1hr 10mins) has been posted.

Members login to private twitter or Premium Members Board in the forum to view the Video.

➜ Non-members can find out more via the link on the homepage: stageanalysis.net

   

[isatrader]

Effective Volume charts from http://www.effectivevolume.com/content.p...etf-review of the SPY, QQQ & IWM

Cumulative effective volume is developing in Stage 1. Large player volume continues to diverge from the small player volume in the $SPY and $QQQ, but they are more inline in the $IWM small caps.

   

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➜ Percentage of stocks above their 20 day EMAs in the Nasdaq, NYSE, S&P 500 and Small Caps rebounded back out of the lower zone with higher lows across the board.

So a new short term bullish market breadth signal from this indicator.

               

[isatrader]

Stage Analysis Members Midweek Video - 22 December 2021 (57 mins) has been posted.

Members login to private twitter or Premium Members Board in the forum to view the Video.

➜ Non-members can find out more via the link on the homepage: stageanalysis.net

   

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Crypto

Short term there has been strengthening in the % stocks above their EMAs, 11, 12 & 13 as well as the McClellan Oscillator, 7.  However, the Gold and Silver Cross Indicies, 14 & 15, and the longer term McClellan Summation Indicies 8 & 10 are bearish.