"Market Breadth" Posts
Market Breadth Primer: Advance / Decline Issues
By Lawrence
Advance Issues is the number of stocks traded above their previous trading day close within a particular basket. For example, New York Stock Exchange provides the advance issues data across all the stocks traded on its board throughout the day. That is called the NYSE Advance Issues. Decline Issues is the number of stocks traded […]
How Much Money Is Needed For Trading Emini S&P?
By Lawrence
I have received this question, "How much money is needed for trading emini S&P?" so many times I guess I should post the answers here. Answers? Yes. Not one answer but answers. Learning To Trade Emini Discretionarily If you have no proper day trading experience before, given the current overnight margin on 1 Emini S&P […]
Market Internals 2012-10-18
By Lawrence
The current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Oct 18 close. Reading 1. Long Term Tick16 (yellow line) in bearish zone 2. Short Term Tick16 (red line) travels back to neutral zone 3. 3 Days Advance Issues (green line) back to overbought zone Inference 1. By #1 […]
Market Internals 2012-09-19
By Lawrence
The current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Sep 18 close. Yes, am posting the chart 1 day late. Reading 1. Long term Tick16 (yellow line) in bearish zone 2. Short term Tick16 (red line) recovered to above neutral zone with S&P printing year high 3. 3 […]
Market Internals 2012-08-17
By Lawrence
The current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Aug 17 Close. Readings 1. 3-Day Advance Issues having divergence top against S&P 2. Tick16 ST is in overbought zone 3. Tick16 LT failed to push above neutral zone Inference #1 bearish – S&P ready for a significant pullback […]
Market Internals 2012-07-24
By Lawrence
The current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Jul 24 Close. Readings 1. 3-Day Advance Issues printing new low with S&P at the same time 2. Tick16 ST is moving from overbought zone back down 3. Tick16 LT back to neutral zone flattening out Inference #1 confirms […]
Market Internals 2012-06-17
By Lawrence
The market internal updates is turning into a monthly update … First I was told that I need to post the chart here so that there is a reference to what I am talking about. So here it is the current snapshot of 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 […]
Market Internals 2012-05-14
By LawrenceDid not post an update on the breadth readings for quite some time. My bad. The main theme so far over past 2 weeks is that since Tick16 long term has went into negative territory, first and 2nd overbought in 3-Day Advance Issues are good sell setups. Now as the selling going fine, and that […]
Market Internals 2012-04-08
By LawrenceBoth Tick16 ST and 3-Day Advance Issues are pushed down to slightly negative levels. If they continue to slide a bit more both will enter oversold territory. Since Tick16 LT is in solid positive (bullish) zone, this will soon produce a tradable bottom.
Market Internals 2012-11-19
The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2012 Nov 19 close. Reading 1. Long Term Tick16 (yellow line) rejected neutral zone and stuck in bearish zone 2. Short Term Tick16 (red line) in compression for more than a month now 3. 3 Days Advance Issues […]