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 Chart
47.50% (+1.84% 1wk)
Closed just under its own 50 day MA and so I'm giving it a neutral status. It needs a strong close above the 50 day MA to change it to a positive environment.
I believe in a Weight of Evidence approach. But if I could only look at one breadth chart then it would be the US Total % Stocks Above their 50, 150 & 200 Day Moving Averages Combined Chart which gives a snapshot of whether it's a postive or difficult environment & field position
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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.
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.