The Stage Analysis members midweek video discussing the improvements in the short-term market breadth indicators, the major market indexes. Stage Analysis of the mega cap stocks, and review of the banks position. Followed by discussion of the recent US watchlist stocks in more detail, and finishing off with a look at Bitcoin and Ethereum.

Precious metals stocks featured heavily in todays scans as physical Gold consolidates around its recent highs as the US Dollar index moved lower today...

Exclusive graphic of the 104 Dow Jones Industry Groups showing the Percentage of Stocks Above 30 week MA in each group visualised as a Bell Curve chart...

The Stage Analysis members weekend video with the Major Indexes Update, Futures, Sector Breadth, US Stocks Industry Groups RS Rankings, IBD Industry Groups Bell Curve – Bullish Percent, Market Breadth Update – Weight of Evidence and the US Watchlist Stocks in detail with live markups on multiple timeframes...

A bigger watchlist for the first time in little while, as the recent watchlists have been sparse due to the deterioration of the market since early February, as seen by the weekends market breadth posts. However, over a third of the stocks are from only two groups...

The IBD Industry Groups Bell Curve declined for a seventh week losing a further -6.78% to finish at 24.41%. The amount of groups in Stage 4 decreased by 9 (-4.5%), and the amount of groups in Stage 2 decreased by 1 (-0.5%), while the amount groups in Stage 1 or Stage 3 increased by 10 (+5%).

Custom Percentage of Stocks Above Their 50 Day, 150 Day & 200 Day Moving Averages Combined Market Breadth Charts for the Overall US Market, NYSE and Nasdaq for Market Timing and Strategy.

The purpose of the Relative Strength (RS) tables is to track the short, medium and long term RS changes of the individual groups to find the new leadership earlier than the crowd...

The S&P 500 moved strongly back above its 20 day EMA today. But as you can see in the above chart, there's a notable difference with the S&P 500 percentage of stocks above their 20 day EMA (middle indicator) which is at 36.60%, as with the S&P 500 index above its 20 day MA by almost 1%, you would expect at least 50% of S&P 500 to be doing the same...

The Percentage of US Stocks Above Their 150 day Moving Averages in the 11 major sectors has dropped significantly since the previous post of the 6th March 2023, decreasing by -16.88% to 34.31% overall, which moves the overall average into the lower third, which is the Stage 4 zone...