Large player effective volume came off a bit into the final two days of the week, but overall was fairly flat compared to the prior weeks close. But small players were more aggressive with selling all week in the SPY & QQQ. Cumulative volume trend fairly neutral (Stage 1 ish)
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
(This post was last modified: 2022-02-13, 10:42 AM by pcabc.)
RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Gold v Gold Miners & Silver v Silver Miners
The picture with these two is pretty similar to the position with crypto. Big price and volume spike with GLD (ETF) Friday, not seen on the equivalent silver ETF, SLV. Both, for their miners, are showing notable increases in the percentage of stocks over their 20 & 50 day EMAs, with a slight movement in a positive direction for the percentages above their 200 day EMAs. The Silver Cross Index is rising for the gold miners, but not for the silver miners.
There has been a small uptick in the large player buying over the past few days, but the cumulative lines remain in Stage 1 territory on all three markets. So it is still fairly neutral and basing currently.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Nasdaq and NYSE Bullish Percent Index 1 hour chart continues on the negative status making lower lows below its declining MAs. So the net P&F breakouts - breakdowns is trending lower.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Percentage of Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
28.96% (-0.61% 1wk)
Status: Difficult / Neutral Environment
Strategy: No change this week - Defensive on longs / Progressive Exposure / Cash / Shorting / Focus on Risk
US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined Point and Figure Chart
Reversal back to a column of Xs, so a further flip flop to Bear Correction status. 38% level remains the key level to break.
20 and 50 day Oscillator
These show the distance that the combined chart is from the 20 day MA and 50 day MA on the chart. Above the zero is positive environment and below is a difficult / negative environment
NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
36.69% (-0.67% 1wk)
Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
21.24% (-0.55% 1wk)
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
104 Dow Jones Industry Groups sorted by Relative Strength
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.
