Thank you for introducing me to ZBT. I will have to learn more about it. I have been following my own breadth indicator by watching the % of O/B and O/S stocks along with the % in "no man's land', i.e. between 40% and 60%. It helps me decide when to enter the market. On Aug. 5, on this basis, (and my reading of THE MARKET MOSAIC ), I made a large purchase of QQQM, which is holding up nicely. Thank you!
Great work and cool charts per usual. The A/D Ratio making a strong print after an aggressive rally higher in the S&P's looks like it creates some short term exhaustion, but tough to call that bearish by any means.
Thank you for introducing me to ZBT. I will have to learn more about it. I have been following my own breadth indicator by watching the % of O/B and O/S stocks along with the % in "no man's land', i.e. between 40% and 60%. It helps me decide when to enter the market. On Aug. 5, on this basis, (and my reading of THE MARKET MOSAIC ), I made a large purchase of QQQM, which is holding up nicely. Thank you!
Nice! Most breadth thrust indicators show a large imbalance of demand vs. supply for the average stock.
Also great to see you're using breadth for O/B and O/S levels!
Great work and cool charts per usual. The A/D Ratio making a strong print after an aggressive rally higher in the S&P's looks like it creates some short term exhaustion, but tough to call that bearish by any means.
Definitely agree that trends are extended short-term, but longer-term bull is looking good imo following breadth data.
It's a very quirky market. Lots of uncertainty. One day at a time!
Nice blast from the past on Zweig's Breadth Thrust! And the nod to NYAD. Way cool!
Amazing to see more signals at this point!