(This post was last modified: 2017-08-06, 08:42 PM by pcabc.)
RE: Stan Weinstein's Stage Analysis
Here are my breadth charts for the S&P500 versus the NYSE, QQQ versus the NASDAQ and Russel 2000 (UK ETF - not sure if currency is a factor) versus AMEX:
Apart from the AMEX chart the picture looks rosier than the one Isatrader has in the bullish % charts. However, I've seen an article on my phone today - which of course I cannot find now - which states that the NYSE advance / deline line is making lower hights. A bit puzzled. So perhaps my charts are over-optimistic?
BTW - not attempting to counter what Isatrader posted, rather just trying to understand the data.