There are different ways to interpret the market breadth such as measuring the stocks above 200-Day average as shown in the post on divergence between the market breadth and SPX, or determining the ...
Among the 4 US major indices, Russell 2000 (RTY) is the worst-performing where it corrected 20% from the peak in November 2021 and broke below the major support level near 2100. From Wyckoff trading ...
The stock market flashed a bullish technical indicator on Monday, according to Ned Davis Research. NDR strategist Ed Clissold noted the market is its the fourth stage of bottoming as it approaches ...
Market breadth is a powerful analytical tool used by traders to assess the health and direction of the overall market. It is a concept that looks at the number of stocks advancing versus those ...
Market watchers are whispering about market breadth again. I’m watching market breadth, but I’m not worrying too much. The performance gap between SPY and RSP has gradually widened out since mid-April ...
Looking at a stock chart is a great way to gain instant visual insight into the performance and momentum of a stock market index like the S&P 500. Yet, even broad-market visualizations need context.
Almost half-way through 2023, the stock market is outperforming most analysts’ expectations as earnings rebounded nicely and equity indices are mostly positive. The most popular domestic equity ...