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US Industry Sectors Breadth - isatrader - 2014-05-10

Below is the data table for the Percent of Stocks Above 150 Day Moving Average in each sector which I've ordered by relative strength, with the highest to the lowest percentage in each sector. Also attached is the visual diagram of the 9 sectors and the NYSE Percentage of Stocks above their 150 day Moving Averages line chart.

[Image: attachment.php?aid=10401]

Market Breadth Update - isatrader - 2014-05-10

Attached is the updated NYSE Bullish Percent Index and the NYSE long, medium and short term moving average breadth charts, the advance decline line and the new high new lows.

The rest of the regular weekend market breath update is available to subscribers only in the main Market Breadth thread in the Elite Members Board, including the exclusive US Industry Sectors Breadth charts, the S&P 500 Cumulative P&F Breakouts - Breakdowns charts, the New Highs New Lows charts, the Advance Decline Breadth Charts and more...

To become an Elite Member please subscribe via PayPal on the front page of the forum here: http://stageanalysis.net/forum/index.php#anchor

[Image: attachment.php?aid=10406]

The NYSE Bullish Percent Index

   

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

           

Advance Decline Line

   

New Highs New Lows

   

RE: Market Breadth Extra - Tryst - 2014-05-10

(2014-05-10, 12:31 AM)isatrader Wrote: 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.

Re. the summation index, I have done some reading up on this so I get a better understanding of it. At its core it is best on Net Advances.

The one you posted, based on the NYSE, looks quite healthy.

I have also looked at the NASDAQ one, which unless i'm looking at this wrong, is showing a negative divergence. Check the chart linked below where the summation index sinks to new lows yet the NASDAQ index holds up an consolidates. The market breadth isn't confirming the price of the index.

http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=0&mn=8&dy=0&id=p92508214791&listNum=30&a=205736227

RE: Stan Weinstein's Stage Analysis - Tryst - 2014-05-10



RE: Stan Weinstein's Stage Analysis - isatrader - 2014-05-10

(2014-05-10, 02:51 PM)Tryst Wrote: Hi, all,

I have come across an market analysis post from back in 2012 from another website (its originally in Spanish, and have used Google translate to try to understand it). The post had one chat on it of the DOW and underneath it had a Weinstein based momentum indicator on the NYSE (I believe the chart was done in ProRealTime)

Does anyone know what indicator this is?

I would say it's the NYSE Momentum Index (MI) which I include a shorter time frame version each week in the Advance Decline Line Breadth charts. Attached is the 10 year chart of the current Momentum Index for you.

RE: Market Breadth Extra - isatrader - 2014-05-10

(2014-05-10, 02:27 PM)Tryst Wrote: Re. the summation index, I have done some reading up on this so I get a better understanding of it. At its core it is best on Net Advances.

The one you posted, based on the NYSE, looks quite healthy.

I have also looked at the NASDAQ one, which unless i'm looking at this wrong, is showing a negative divergence. Check the chart linked below where the summation index sinks to new lows yet the NASDAQ index holds up an consolidates. The market breadth isn't confirming the price of the index.

http://stockcharts.com/h-sc/ui?s=$NASI&p=D&yr=0&mn=8&dy=0&id=p92508214791&listNum=30&a=205736227

Yep, the Nasdaq breadth continues to be very weak which i highlighted earlier in the week http://stageanalysis.net/forum/showthread.php?tid=39&pid=4271#pid4271 and the Nasdaq McClellan Oscillator and Summation Index is highlighting that fact. Somethings got to give soon, either the NYSE will follow the Nasdaq lower or the Nasdaq will recover. Interesting times...

RE: Stan Weinstein's Stage Analysis - Tryst - 2014-05-10

Thanks, isatrader. You can see that when the zero line is crossed it indicators the start (there or there abouts) of a new bull/bear market.
Ok, I can see that these are long term indicators, as they do trigger quite some time after true market bottoms/tops.

In one of the Financial Sense Stan Weinstein interviews (can't remember which one) he states that in March/April 2009 it was clear that a market bottom was in as 'all the ducks was lined up' (to quote his words). What indicators would you say Weinstein uses to highlight potential market bottoms?

I suppose the summation index (NYSI) could be one of these as it could indicate a bullish divergence by putting in a higher low while the indexes still moves lower (but other indicators should confirm a bottom, whatever indicators they are). indicating the breath of the market was strengthening.

RE: Market Breadth Extra - Tryst - 2014-05-10

looking at the sectors chart of percentages of stocks above the 150 day MAs, with 7 out of the 9 being underneath 70% (the two sectors above being the defensive sectors, energy and utilities), would you assume the likelyhood is that the NYSE will follow the NASDAQ lower?