Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method
Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis - Printable Version

+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis (/Thread-Stan-Weinstein-s-Stage-Analysis-and-Market-Breadth-Technical-Analysis)

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484

RE: Stan Weinstein's Stage Analysis - GlobalCitizen - 2018-03-25

(2018-03-24, 09:50 AM)isatrader Wrote: Attached is the US New Highs / New Lows charts.

I'm curious about the Nasdaq. Still managed to make a new high 2 weeks ago and the new-high / new-low seems somewhat positive. It's the only index still above it's 30week MA.

RE: Stan Weinstein's Stage Analysis - isatrader - 2018-03-25

(2018-03-25, 01:46 AM)GlobalCitizen Wrote: I'm curious about the Nasdaq. Still managed to make a new high 2 weeks ago and the new-high / new-low seems somewhat positive. It's the only index still above it's 30week MA.

For me, the failed continuation breakout in the Nasdaq was one of the key signals that we were now in Stage 3, and not just a standard correction. As it has been the strongest index for years. So was significant for me that it's breakout failed.

The divergence in the new highs - new lows is one of the few positives currently in the breadth. However, another way of looking at it is that the February breakdowns were so sharp, that it defined the Stage 4A breakdown levels for most stocks. So with some of the key indexes like the S&P 500 approaching the February lows again, we could see a pick up in the new lows again - which would mean Stage 4A breakdown attempts if it does. So we are at a critical point imo, and will be interesting to see which way it goes.

Here's some candleglance charts of the major US Indexes, International Indexes and the Dow stocks. As I think it helps to look at a snapshot like this, as gives a broad view.

           

Major commodites charts - Gold, Copper and Crude Oil - isatrader - 2018-03-25

Attached is the major commodites charts - Gold, Copper and Crude Oil

           

RE: Stan Weinstein's Stage Analysis - badcharts - 2018-03-25

Hi,

If I can add, revisiting Stan's stage analysis framework, and going through many charts, volume is a critical health indicator of a healthy breakout and a healthy pullback.

Stan looks for contracting volume on pullbacks.

If I am in a trade and it pulls back on contracting volume, my confidence level is high.

If it pulls back on huge volume, it is time to take a very close look for an exit signal.

The qqq chart attached show increased volume on last couple pullbacks.. with much lighter volume on retrace to previous highs. That is a warning sign.


Regards,
Patrick

(2018-03-25, 12:19 PM)isatrader Wrote:
(2018-03-25, 01:46 AM)GlobalCitizen Wrote: I'm curious about the Nasdaq. Still managed to make a new high 2 weeks ago and the new-high / new-low seems somewhat positive. It's the only index still above it's 30week MA.

For me, the failed continuation breakout in the Nasdaq was one of the key signals that we were now in Stage 3, and not just a standard correction. As it has been the strongest index for years. So was significant for me that it's breakout failed.

The divergence in the new highs - new lows is one of the few positives currently in the breadth. However, another way of looking at it is that the February breakdowns were so sharp, that it defined the Stage 4A breakdown levels for most stocks. So with some of the key indexes like the S&P 500 approaching the February lows again, we could see a pick up in the new lows again - which would mean Stage 4A breadown attempts if it does. So we are at a critical point imo, and will be interesting to see which way it goes.

Here's some candleglance charts of the major US Indexes, International Indexes and the Dow stocks. As I think it helps to look at a snapshot like this, as gives a broad view.


RE: Stan Weinstein's Stage Analysis - grbaNT - 2018-03-25

Attached are the charts of the US Stock Market Survey Indicator, Individual Stages, SP500 Survey, SP400 Survey and SP600 Survey.

If you want to read my commentary, please go to https://dg-swingtrading.blogspot.rs/search/label/Market%20Breadth?m=1

To learn more about the indicator go to https://dg-swingtrading.blogspot.rs/2018/02/stan-weinsteins-us-stock-market-survey.html

RE: Stan Weinstein's Stage Analysis - GlobalCitizen - 2018-03-26

Nasdaq managed to stay above the 30-week MA. For now that is. Dow Jones above 30-week by a little. SPY dipped before going above 30-week MA. Where will we go from here?

RE: Stan Weinstein's Stage Analysis - pcabc - 2018-03-26

(2018-03-26, 09:18 PM)GlobalCitizen Wrote: Nasdaq managed to stay above the 30-week MA. For now that is. Dow Jones above 30-week by a little. SPY dipped before going above 30-week MA. Where will we go from here?

Good question, my remaining (almost) US stocks all bounced today. However, I've just noticed that MRVL had hit the stop loss on Friday before the bounce. However, the FTSE may even be candidates for a short ETF - given that the MA has rolled over. Whether you'd listen to me given my current track record is a different matter!

RE: Stan Weinstein's Stage Analysis - diaz - 2018-03-27

(2018-03-25, 12:47 PM)isatrader Wrote: Attached is the major commodites charts - Gold, Copper and Crude Oil

ISA, thanks for these. I notice the charts for these commodities seem pretty strong (as in not as bearish as the overall market seems to be)