RE: Market Breadth Extra
(2015-09-05, 12:41 PM)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.
isa can you recommend a text to educate myself on these indicators? i am not up to speed on the interpretation. i had been trying to stick to the book to keep things simple but if this is consistent with the method then would like to learn more.
looking to get short in the market but struggling how to enter. with my IRA i cannot short individual stocks so am limited to purchasing short etfs. they have leveraged etfs available so am focusing on shorting the s&p and a few choice sectors. but i really don't have any tools for the short term moves so not sure when to really load up the truck.
at this point i've got a few remaining long positions with strong RS and tight stops. and i've gotten into a few short etfs and leverages S&P short etf. but with the majority of my account in cash, i feel i could be missing out on an exciting and very profitable move down
anyway, any recommendation you have on a text for the indicators you posted would be much appreciated