[Mashed]

Hello!
I have another question

Today i reread Chapter 8, about indicators. I never have used any of that indicators, still in force?
Some of them are weird, like General Motors xD

What are you using? Do you have any recommendations?

Thanks!

Hi Mashed,

For your information, Isatrader is publishing a market breadth overview once a week on his youtube channel. Link right here.

I have found some of them to be a bit outdated, but then again, I'm sure that if you know the limitations of them, they still add value to the context. With that said, these are the ones i found to be the most reliable and straight forward for beginners.

- Look at the major indexes around the world. Stans studies has shown, that the most profitable market moves occur, when the overwhelming majority of world markets are in agreement. Are they all doing the same thing?

- This ones quite self-explanatory. Look at the 30w MA on the different indexes. Keeping track of this valuable gauge, will help you get out when bear markets occur and get in before the next big bull market starts.

- Study the NYSE ADL. Studies has shown, that the ADL is likely to reach its peak before the SP500. Look out for top formations in both the SP500 and the ADL. When the market is in stage 4, it is likely the SP500 will find its ultimate low before refusing to go lower, while the ADL continues to move lower. Look out for such a positive divergence.

- While you are looking at the advance decline figures that make up the ADL, you should take a look at the Momentum Index, which is just a 200d MA of the AD figures. Look out for crossings of the zero line. How long has the MI been in positive and negative territory, will eventually have an impact on how meaningful the signal is. Just as the ADL, the MI is likely to reach it's peak before the SP500. Take a look at one of the newest examples on my twitter page.

- Finally, keep your finger on the pulse. What are you friends telling you. Are they all stupidly bullish? Maybe it's time to look out for bearish signals. Are they all telling you to stay the fuck away from the market? Maybe it's time to look a some bullish signals. What are the newspapers writing? Are the frontpages bulls or bears?

The above mentioned are the ones i look out for the most. But then again, if you don't have the time or the energy to look at this yourself, you might just be better of spending 20 minutes every week or so, listening to Isatrader talking about these gauges, and some others, in detail on his Youtube page.

All the best,
@marcushaugaard

Thanks a lot Haugaard! This forum is the real gold

I am subscribed to IsaTrader channel! I will watch some of that analysis. I dont know if i will understand something (the english is hard haha) but i will try! Step to step! 

About indicators, some logic what you said. Is time for me to study them. Thanksss 

BTW These days i listen some friends to say: "Is time to buy, now are sales in the market"...