Breadth Analysis for today

ChartMan

Legendary member
5,580 46
The cup and handle is coming good. Increases in the number of stocks closing within 1% of their intra-day high as well as those showing a rise of >5%, and a decrease in the number of stocks closing within 1% of their intra-day low,or falling by more than 5%.The bull trend is onwards and upwards so look for more gains tomorrow and hedge towards long.Just a suggestion :)
 

Attachments

  • breadth.gif
    breadth.gif
    18.5 KB · Views: 179

ChartMan

Legendary member
5,580 46
It would be worth looking at the correlation of these breadth indicators and the FTSE.The peak breadth corresponds to the low on the ftse, but the closing highs bottoms are both in advance of the ftse bottom....
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock