This chart is looking at the % of US Stocks Above their 50-Day Moving Average (ticker = MMFI), which is an excellent way to gauge market breadth and buy/sell entry areas. We have entered the buy zone on the weekly chart and the buy confirmation will be when the line on the price chart moves upward from this buy zone. This is not a good time to be going short, as the down move is nearly complete. Go short on the next entry into the sell zone (green line turning to red on the price chart). The lower indicators help to confirm and anticipate the signals.
Leverage market breadth for timing stock trades that follow the overall market, which is most stocks. Always stay on the right side of the trend and maximize profits!