S&P 1500 MACD Breadth Charts
Attached is the updated MACD breadth measures, which are:
The short term measure is the % stocks on a Daily MACD on Buy Signal in S&P 1500 - which means the % of stocks with a MACD Histogram greater than zero.
The medium term measure is the % stocks with a Daily MACD Line above the Zero Line in the S&P 1500.
The long term measure is the % stocks with a Weekly MACD Line above the Zero Line in the S&P 1500.
Note: the short term measure dropped to it's previous lowest levels midweek, but recovered into the end of the week. So am watching for a reversal back above the key 30% level for a new positive short term signal.
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.