Fun new indicatorDiscovered this really cool indicator. Blue line = cross under 15 & Yellow line = close under 15. Im using heiken ashi candles for this analysis. This is just a custom breadth indicator I put together and honestly its used better if you are only looking for divergences. This is one of the best diverMLongby mperri329Updated 222
Cleaner 20/50/100 Day Moving Average chart You can see the general decline over the year on the 100 Day Averages, despite the bullishness of the market indices. Mby MarlosClockUpdated 4
Moving averages have been on a general downtrend all year This is a chart of various Moving Averages for NYSE(MM), QQQ(ND), & SPY(S5). TW = 20D MA FI = 50D MA OH = 100D MA I drew trend lines for the 3 different 100D TLs that all signal a general downtrend. Next year is gonna be wild. Mby MarlosClock2
SPX500 and MMTW : a lovely correlationSPX500 and MMTW : a lovely correlation. Enjoy the beauty. No needs to say more, DYOR and peaceMLongby Cnsl3
Penguin: "BTFD ?!?" - % of stocks above their DMA.The daily chart is showing market sentiment from a breadth perspective: the percentage of stocks on the NYSE (2943 stocks) that are above their daily moving averages. The trend is increasingly bullish but that increase has peaked in recent days. [bDetail: MMTH - RED - Percentage of stocks aMLongby gb50k4421
MMTW 20/50-Day averages similar to 2016I looked back to find a similar structure in the 20 & 50 day MAs of SPY, NAS, & NYSE. It looks pretty similar to 2016. MLongby Drip_Drop1
Breadth indicators you've probably never heard of!These charts help you immediately see how the entire market is faring at a given time. Note, these are daily indicators for "Free" users, and "Pro, Premium" users can view intraday timeframes. These make great bases for creating trading algorithms on the theory of a "rising tide raises all ships". MEducationby BenjiFutures220
SP500 breadth indicates oversold heading to near-term longThe MMTW is showing the SPY is now in buy territory from a breadth perspective. In addition, price is heading into overhead resistance and will likely break down again from there, if it doesn't break to the upside. MLongby Sasquatch_Trader555
MMTW % of Stocks Above 20-Day MA & SPY Trend Analysis 12-4-2018 Major overhead resistance on the daily SPY... schrts.co The real nature of the larger pullback is revealed on this weekly SPY chart... this is very bullish. schrts.co Prediction: Near-term pullback with larger time-frame indicators suggesting a break to the upside, despite that major resistMLongby Sasquatch_TraderUpdated 3