Market Breadth Indicators are powerful technical analysis tools that gauge the direction of the market and help traders determine if it's bullish, bearish or neutral. They do so by analyzing the degree of participation in an advance or a decline to see whether or not an uptrend or downtrend is broad-based and therefore likely to continue. Breadth indicators offer a different perspective on the markets that can't be seen through other indicators.
In a way they are indicators of market sentiment that allow traders to see how the market performs as a whole. Breadth indicators are often used in combination with other indicators to confirm trends. The most basic market breadth indicator is the Advance/Decline Line but there are several other popular breadth indicators such as On Balance Volume (OBV), the McClellan Summation Index and the Arms Index (TRIN).
SPX - The most traded Derivative Product on the planet.
Its at Market Profile acceptance zone (Undervalued) on a Daily chart.
Market Internals TICK Index and UPVOL and DOWNVOL - Suggests the same reversal
Running behind the price action of SPX, will not be good enough to trade this sophisticated product.
Market Profile/Volume Profile + Market Internals(TICK ...
SPX Intraday trading - Market Internals suggests that its on a range bound/Bearish for today.
See the TICK Index (-400 to 400)
DIFFERENCE of UPVOL - DVOL is bearish
Apply Volume profile for finding the right value areas.
Concept: Auction Market theory, Efficient Market Hypothesis
McClellan momentum numbers need to burn off the Tension between the Advance Decline and Oscillator Velocity tomorrow to continue the bullish trend. Once that tension cools off then I'll be a buyer. -- BaconTrading
I coded this indicator for the JSE. The indicator gives the percentage of stocks above its moving averages. We see that the JSE has less than 20% of the stocks above its 200 Day SMA and about 50% around its 50 Day SMA. If we look at previous analogs at the start of the trading range there was a declining trend in the 200 SMA but inclining trend in the 50 SMA which ...
Squeeze is currently on. Volatility bottomed out recently (see ADX) and is turning upward. RSX is trending upward, which tells us momentum is bullish and we'll want to go long. The Bollinger bands have started to expand but haven't eclipsed the keltner channel yet. The bullish tail on yesterday's candle and the close just below the upper Bollinger band provide ...
This looks like a promising setup. I haven't done any DD on the company's fundamentals, pipeline, etc., but just looking at the chart this seems poised for a squeeze release. Do you own DD and GLTA
Volatility bottomed out and is beginning to rise; sustained upward momentum; Bollinger Bands are beginning to expand and it appears squeeze should be released early next week.
These are the FUTURE dates for USDCAD with the highest probability for making a price
swing high or low. Apply your own indicator(s) to determine the price swing direction.
Good morning, traders. Welcome to the final week of November. Over the holiday weekend we saw Bitcoin find a low of $3474.73, which was around the equilibrium of the 1M zone, and bounce for almost $600 so far. That's about 17% with some possible higher highs lining up. I am looking for price to target the $4500 area, with some expected resistance around $4340 and ...
SHEN Telecommunication stock that's central eastern region and doing phenomnenal on monthly chart and DPO confirms it. Hasn't corrected being oversold yet, but good 5G buy for mid-2019.
VZ
TMUS
ST
As the Federal Reserve continues to tighten monetary policy by hiking interest rates, we are seeing tremors in the stock market. Sometimes tremors are the prelude to a full earthquake, but often not. We are in our 11th year without an earthquake, but we sure have had a few tremors since then. July 2011, July 2015, January 2016, Feb 2018 and of course now ...
Good morning, traders. Binance completed the update to its platform overnight and Bitcoin price continues to feel pressure. With CBOE expiry later today, traders must remain vigilant if they are interested in trading this area as we could likely see price pop up at/near that time. However, we may see more movement down toward $6100 first. Notably, 1D OBV has ...
Good morning, traders. My Internet appears to be stable this morning so far (still waiting on the tech) so I will be attempting to live stream at 10 a.m. CST per my usual schedule. Price has continued to tighten the range it has been trading in for the past two days creating a symmetrical triangle. As these patterns have no bias, traders should be ready for a move ...
FSR has a similar structure to RMH (See link below). FSR has also found support at the previous accumulation range and the Yearly Pivot Point. With the Rand (ZAR) strengthening (See link below) this also provides support. The high volume after the breakout can be seen as a Buying Climax (BC). The bottom of the range provides support on higher demand volume. We ...
Results when I used 2 averaged lines to buy and sell at the crosspoints, little noisy atm, results are from 3 ETH, NO LEVERAGING! :D Still working on limiting noise, buy a VERY effective indicator nonetheless!
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