[pcabc]

US sectors:

           
           
           
       

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Crypto

Only fair to state that I have just opened a bitcoin position and have a couple of other orders in.
   

[isatrader]

See the blog post at: https://www.stageanalysis.net/blog/60441...ng-average

[pcabc]

Breadth overview

The S&P500 versus the Russell 3000 is looking weak.  However, the A/D line for the NYSE, unlike the Rusell 3000, has not diverged
https://www.marketinout.com/chart/market...cline-line

Perhaps the Russell 3000 is pessimistic?  However, my scoring only uses the A/D line as one of its factors.  The UK might be strengthening perhaps even compared to the US in the short term?The FTSE250 seems to match the S&P500 over the last six weeks.  The FTSE100 is not strong but the FTSE250 (mid cap) is, and the AIM100, TechMark also are stronger than the FTSE100.
   
(Grey = S&P500, Blue lines are relative strength (regular, not Mansfield)

Major indices:
   

US Sectors:
   

UK Sectors:
   

Commodities:
   

Miscellaneous:
   

S&P500 v Russell 3000:
   

FTSE250 v UK:
   

[pcabc]

US Sectors:
           
           
           
       

[isatrader]

US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined

   

54.50% (+0.49% 1wk)

Status: Positive Environment

Holding above its own 50 day MA signal line. 

I use these to help with market timing & will explain in detail in the weekend video.


Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined

   

45.01% (+1.53% 1wk)

Status: Positive Environment in the Nasdaq after dipping into the lower zone - which produces the strongest signals.


NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined

   

64.00% (-0.55% 1wk)

Status: Slight decline on the week, but a Positive Environment in the NYSE also once more, as it holds above its own 50 day MA, which it had been below for many months.


Percentage of Stocks Above their Key MAs Oscillators

A different look at the US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined chart in which the Moving Averages are flattened to generate an Oscillator.

Above Zero Line is Positive Environment & Below is Negative Environment.

These charts really simplify things, as if you compare the periods when it was above the "Zero Line" to the periods when it is below the "Zero Line". Then you can see that it's much easier to make progress in your account when it is above i.e. a positive environment.

       

[isatrader]

   

Totals for the week:

+656 double top stock breakouts
-152 double bottom stock breakdowns

+504 net stock breakouts - stock breakdowns

Back above the 20 day & 50 day MAs

Status: Positive Environment


Cumulative Point & Figure Breakouts - Breakdowns MA Momentum Oscillators

Note: the short term strength starting to turn the medium term chart towards the zero line.

               

[isatrader]

104 Dow Jones Industry Groups sorted by Relative Strength using stockcharts SCTR score

The purpose of the 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.

100 is strongest, 0 is weakest

       


1 week, 2 week, 4 week and 12 week RS changes

               

A few groups catching my eye are $DJUSPM Gold Mining & $DJUSMG Mining which were at the bottom of the RS table a few months ago, and have started to move back up again gradually over the last few weeks. Gold itself is in Stage 1, so there are many gold stocks in similar position