RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Relative strength plots for market breadth
I've seen the use of relative strength plots to show market breadth. Martin Pring's book, which I have currently mislaid, certainly has some. Mixed messages from the two plotted below.
Consumer discretionary versus consumer staples:
This has peaked and is now pulling back.
Brokers's ETF versus S&P500:
Prety sure this is from Pring's book, had I not mislaid it. Note it is not pulling back.
So, some contradictory information.