Stan Weinstein Stage Analysis and Market Breadth

Major US Stock Indexes Update - NYSE, Nasdaq, S&P 500, Nasdaq 100, DJIA & S&P 600

Here are the weekly overview charts of the NYSE, Nasdaq, S&P 500, DJIA & S&P 600 small caps with their US Bullish Percent and Moving Average Breadth.

Note: The indexes charts are all showing Stage 3 or Stage 1 consolidation patterns. It's unclear which as we only had a very brief move back to Stage 2 in some, but not others. So either could be argued at this point, but doesn't really matter. As both mean a choppy range, and can breakout in either direction back into Stage 2 or down into Stage 4. However, the bullish percent indexes and moving average breadth data is a mix of Stage 1/3 and now edging into Stage 4 levels in the NYSE and Nasdaq Composite and Small Caps breadth data. But is still in the Stage 1/3 ranges in the S&P 500 and Nasdaq 100 data. So the large caps are still holding up the market from going to full blown Stage 4 again, but the underlying weakness in the majority of stocks suggests continued caution imo, as if the large caps breakdown too, then there could be a sharp down move, as its a bit like the game jenga when the breadth is in this position. So manage your risk carefully here imo. 

                       

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.
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NYSE and Nasdaq Advance Decline Charts and US New Highs New Lows

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.

                                       




Attached is the updated US New Highs - New Lows 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.
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RE: Stan Weinstein Stage Analysis and Market Breadth

Attached are the updated charts of the RABWDB Indicator, Individual Phases, SP500 RABWDB, SP400 RABWDB and SP600 RABWDB.

To learn more about the indicator go to https://dg-swingtrading.blogspot.com/sea...bel/RABWDB



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RE: Stan Weinstein Stage Analysis and Market Breadth

Attached are the updated 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.com/sea...e%20Survey



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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 38.66% currently and declined -4.27% since last week, with the largest sector Financials having the biggest declines. So, with the sector average now below 40%, the sector breadth is now in Stage 3- or Stage 4 territory by the numbers, even if the index charts don't show it. So risk management is key, and only trade longs that have A+ criteria and low risk entry points.

       

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.
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