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
Exclusive US Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
46.26% (-9.42% 1wk)
Status: Changed to "Difficult / Negative Environment"
The bulk of this weeks decline came from the NYSE stocks, but the Nasdaq also dropped back below 40%
This is the most significant breadth chart that I use these to help with market timing & will explain in more detail in the weekend video
Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
39.53% (-5.47% 1wk)
Status: Changed to "Difficult / Negative Environment"
NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
52.98% (-10.66% 1wk)
Status: Changed to "Difficult / Negative Environment"
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.
20 and 50 day Oscillator
Both returned below the Zero Line, which has been the dominant trend this year, which highlights the difficult environment that we continue to see.
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