RE: Market Breadth Extra
(2014-03-01, 01:38 AM)isatrader Wrote: Attached is the updated Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.
Isatrader, are you able to provide some notes against each breath charts if possible? It would better help us to read an understand them.
For example, the charts in the following image I am not entirely sure what it is I am looking at, esp. the bottom few...
http://stageanalysis.net/forum/attachment.php?aid=7908
...I know it is advance decline related...but this is what the following image/chart is showing, so this adds some confusion (to me at least

http://stageanalysis.net/forum/attachment.php?aid=7907
Just some comments like below would add greatly to what is already excellent breadth coverage, and would also help new comers to the system better understand what they are looking at and how they should interpret the charts/data.
AD Line in Issues - "based on Net Advances, which is the number of advancing stocks less the number of declining stocks."
AD Line in Volume - "is a cumulative measure of Net Advancing Volume. It rises when Net Advancing Volume is positive and falls when Net Advancing Volume is negative. The AD Volume Line should confirm an advance or a decline with similar movements. Bullish or bearish divergences in the AD Volume Line signal a change in buying or selling pressure that could foreshadow a reversal in the market."
Thanks and keep up the good work!