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
50.09% (+6.15% 1wk)
So as I highlighted on Thursday, the status changed to Positive Environment with the move above its own 50 day MA and the reversal to a column of Xs on the P&F chart. Of which it added a further X to today. It needs to move above 52% to make a double top breakout.
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
Nasdaq Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
39.24% (+3.60% 1wk)
NYSE Total % Stocks Above their 50 Day, 150 Day & 200 Day Moving Averages Combined
60.94% (+8.71%)
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.