RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Sector overview
This is one of the times when I wonder whether the overview I am posting is really representative? The breadth data has been quite pessimistic all week but this seems to have changed significantly with Friday's data. Compared to a few days ago the major indicies data is a lot more posative. The UK and US sector charts are also stronger - but do overal show some more pessimism.
My 'DANGER' indicators somewhat independent of the green/grey/yellow/red 'traffic light' system as they are not an aggregate scoring from a number of time periods but rather relate to a number of properties of the breadth curves such as the slope of an average or new highs minus new lows, MAs of Weinstein's momentum etc. So these danger signals can come and go quite rapidly.
Gold and silver have strengthened. I've two entries fr crypto currency at present, one based on my small pool of cryptos and a the other based (broadly) on a larger pool from Isatrader - I'll likely delete the former and keep the latter.
Major indices:
US Sectors:
UK Sectors:
Commodities:
Miscellaneous: