RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
Comparison of Stage plots with % Stocks above their 200 day EMA and the Gold Cross index
I'm not the first person to plot stages, others have done it before. But you don't see it often.
It is worth noting the similarities between the plot of the % stocks in Stage 2, the % stocks above the 200 day EMA and the Gold Cross Index (% stocks with their 50 day EMA above their 200 day EMA). This is unsurprising. The critical part of being in Stage 2 is is the price being above a rising long moving average. Price will generally affect the % stocks above the 200 day EMA and Gold Cross Index in a similar way. Also woth noticing that the Stage 4 plot is almost a mirror image of the Stage 2 plot. This should not be a surprise.