Breadth Indicators
US30 Market breadth EMA50 [INVESTIC]
Introducing the 50-day Exponential Moving Average (EMA) Market Breadth for the Dow Jones Industrial Average (DJIA). This tool is designed for traders who want to assess the market’s short- to mid-term momentum with precision. By tracking how many of the 30 Dow Jones stocks are trading above their 50-day EMA, the indicator gives a clear view of market strength or weakness over a moderate timeframe.
Traders may use the indicator to identify and confirm the market's medium-term trends. It strikes a balance between the sensitivity of shorter-term indicators like the 20-day EMA and the long-term perspective of the 200-day EMA. Displayed as a histogram ranging from 0 to 30, this indicator provides a quick and effective way to see how many Dow Jones stocks are maintaining their trends over this mid-range period.
🔶Usage
The 50-day EMA Market Breadth is incredibly versatile, catering to different trading styles. For example:
Intraday Trading:
While the 50-day EMA is more commonly associated with swing or mid-term trading, intraday traders can still use this indicator to confirm the broader market trend, which is crucial for trading with confidence throughout the day.
If the majority of stocks are above their 50-day EMA, it suggests strong underlying momentum. Use this information to support your intraday trades in the direction of the trend. For example, if the histogram shows 20 or more stocks above the 50-day EMA, you might prioritize long positions, knowing that the overall market sentiment is positive. Conversely, if the histogram is low, it may be better to focus on short positions or be more cautious with longs.
Swing Trading:
For swing traders, the 50-day EMA Market Breadth Histogram is a key tool for timing entries and exits within the market's medium-term trends.
You can monitor the histogram regularly to gauge whether the market is supporting your swing trades. If you notice the histogram starting to decline, consider tightening your stop losses or scaling out of positions, as this may signal weakening momentum. Additionally, use the histogram to confirm breakout trades or to stay in trades that are running strong, ensuring that you are aligned with the market’s mid-term direction.
Longer-Term Trading:
Long-term traders can leverage the Market Breadth to gain insights into the market's medium-term health, helping to fine-tune their long-term strategies.
Use the histogram as a barometer for market strength when making decisions about your long-term portfolio. A consistently high histogram suggests a strong mid-term uptrend, which could reinforce your conviction to hold or add to long-term positions. On the other hand, if you see a sustained decline in the histogram, it may be a signal to reassess your portfolio and consider implementing risk management strategies. The indicator can also help you identify potential market lows, when you see the number of stocks on the histogram goes near bottom.
No matter your trading style, the 50-day EMA Market Breadth Indicator offers a comprehensive view of market momentum. By integrating this tool into your daily, weekly, or monthly analysis, you can make more informed decisions that align with the prevailing market trends.
US30 Market breadth EMA20 [INVESTIC]Introducing our Market Breadth Indicator for the Dow Jones Industrial Average (DJIA), based on the 20-day Exponential Moving Average (EMA). This tool is designed for traders looking to gauge short-term market sentiment and momentum within the Dow. By tracking how many of the 30 Dow Jones stocks are trading above their 20-day EMA, this indicator offers a quick and precise snapshot of the market’s short-term strength or weakness.
Traders can use this shorter-term market breadth indicator to identify emerging trends, confirm the direction of the market, and make more timely trading decisions. The 20-day EMA provides a more responsive view of market conditions compared to the longer days EMA, making it ideal for traders focused on capturing near-term movements. Displayed as a histogram ranging from 0 to 30, the indicator helps you quickly assess how many Dow Jones stocks are in a bullish or bearish stance over the short term.
🔶Usage
The Market Breadth based on the 20-day EMA is perfect for traders of all styles, from those who thrive on fast-paced intraday action to those with a longer-term view. Here’s how you can apply this indicator in different trading scenarios:
Intraday Trading:
Market Breadth is a powerful tool to spot shifts in momentum throughout the trading day. As the market moves, the histogram will quickly reflect changes in the number of stocks trading above their 20-day EMA, helping you identify potential entry or exit points.
As an example, this tool can be use to find short-term lows or peaks. As the histogram rises above the green zone in the session it may indicate increasing buying pressure, suggesting opportunities for quick long positions from the low.
Also it can help spot potential rebound in the near term, for example, a rising number of stocks while the index declines could signal a quick short-term trades.
Swing Trading:
Swing traders can use the Market Breadth to time trades more effectively within short- to medium-term trends. When the histogram is consistently high, it indicates that the majority of Dow stocks are experiencing short-term uptrends, making it a favorable environment to hold onto positions. However, if the histogram starts to drop, it may be an early warning that the trend is losing strength, prompting you to consider exiting or tightening your stop losses. This indicator helps you stay in tune with the market’s short-term direction, optimizing your swing trade entries and exits.
Longer-Term Trading:
While the 20-day EMA is more commonly associated with short-term analysis, it can still be valuable for longer-term traders who want to keep a pulse on shorter-term market movements. By monitoring the Market Breadth over weeks or months, you can spot when the market is reaching its peak or its low on a shorter timescale.
The 20-day EMA Market Breadth is a versatile tool that provides actionable insights across various trading horizons. Whether you’re looking to capture quick intraday moves, time your swing trades with precision, or keep an eye on short-term trends as part of a longer-term strategy, this indicator is designed to enhance your market analysis and trading decisions.
US30 Market breadth EMA200 [IAS]Introducing our Market Breadth Indicator, specifically designed for traders looking to gain a deeper understanding of the overall health of the Dow Jones Industrial Average (DJIA). This indicator tracks how many of the 30 Dow Jones stocks are trading above their 200-day Exponential Moving Average (EMA), giving you a quick snapshot of market momentum.
Traders typically use market breadth indicators to assess whether the market is broadly strong or weak. When more stocks are trading above their 200-day EMA, it suggests a healthy, bullish environment. Conversely, fewer stocks above this threshold could indicate a weakening market or a potential downturn. Our indicator takes this concept and visualizes it in an easy-to-read histogram, ranging from 0 to 30, where 0 represents no stocks above the 200-day EMA and 30 represents all stocks above this key level.
🔶Usage
Using the Indicator in your trading is straightforward, you can simply implement it by looking for:
1. Bullish Signals: When there are higher number of stocks highlighted in red (e.g., 25-30) trading above their 200-day EMA, it’s a strong signal that the market is in a robust uptrend.
2. Bearish Signals: When the histogram starts declining towards the lower end (e.g., 0-10, where below 6 is highlighted in green). This can be use as a warning sign that the market might be entering a bearish phase.
3. Confirming Trends: The indicator is also useful for confirming trends. For example, if the overall market is rallying but the histogram is showing a decline in stocks above the 200-day EMA, it could be a sign of underlying weakness. This divergence can alert you to potential trend reversals.
This indicator is versatile and can be adapted to various trading styles, whether you’re an intraday trader, or a longer-term investor.
Intraday Trading:
For intraday traders, this tool can be use to find short-term lows or peaks. As the histogram rises above the green zone in the session it may indicate increasing buying pressure, suggesting opportunities for quick long positions from the low. Conversely, if the histogram declines from a red zone, it could be a signal to explore short setups. Using this indicator alongside your usual intraday strategies can help you fine-tune your entries and exits, reducing risk and enhancing your trading precision.
Longer-Term Trading:
For longer-term investors or those looking to position trade on a weekly basis, Market Breadth is an excellent tool to assess the overall health of the market. A histogram consistently near its upper range (e.g., 25-30) over several weeks signals a strong, sustained uptrend, making it a good time to add to positions or initiate new ones. On the other hand, a gradual decline in the histogram over time may indicate that the market is weakening, suggesting a more cautious approach, such as rebalancing your portfolio or exploring defensive strategies. This longer-term perspective can help you stay aligned with the broader market trend, reducing the risk of being caught on the wrong side of a major market move.
By using the indicator across different timeframes, you can better align your trading strategy or even plan your risk management with the underlying market conditions, making more informed decisions whether you’re trading by the minute or planning for the months ahead.
KRRO a biotech company with earnings coming LONGKRRO is in the biotechnology space in the gene-editing realm. It is in portfolios of C. Woods .
A recent analyst gave it an upside to 100 which is very favorable given its product line and track
record with an all-time high of about $250 ( which is about 450% over current valuation)
On the one-hour time frame, it has had a great week and is breaking out over its moving
averages as well as bullish momentum on the dual TF RSI indicator. This is a stock-long trade
in the biotechnology sector which is prognosticated to be among the best of 2024. The dramatic
reversal on the chart tells me this is a long entry. Targeting $57.5 in the short term and
$75.00 for most of the position in consideration of the analyst report.
Failed Attempt to Kill Trump, Bitcoin at Key Resistance Very conflicted with this one at the moment.
Mostly all signs point to a bearish continueation long term but we have a chance to push through this resistenace and build structure for a reversal.
If its not possible I think the next support zone is 52k
Perfect example of Bearish DivergenceBoth OBV and RSI show weakness as price makes a higher high, this is a perfect indication of a trend reversal. OBV (on balance volume) measures buying and selling pressure, RSI (relative strength index) measures the momentum of price. Combining these 2 indicators allows you to identify a change in the market before price does.
(ETH) ethereum monday June 10th 20249:50pm greenwich time, 3:50pm local time.
PHASE 9 ARRAY REACHED
Ethereum prediction circle. Array phase in last declining assembly w/ most likely divider to become an expansion on price during this month of June. I don't foresee losses for Ethereum and at worst case scenario neutral prices until the time when the price of Ethereum encapsulates the flattening theory on supply.
(JASMY) jasmyThe volume value of Jasmy right now is actually not so high that it is worrying. Surely there will be days when the price of crypto is like a weekend from work or even times when people get speculative. The three larger values of volume in comparison to the price lines on the graph itself. Where will the price go from here?
Last SMCI update for a while.We LOST the orange EMA as support and now it will act as resistance in the short term. It will be an important key indicator if we are planning to flip the trend and go bullish. BUT this is a BEARISH signal as of now....
I will continue to hold swing puts on this and NVIDIA as I can smell weakness and war regarding Taiwan.
MSFT Bullish Continuation out of a Cup and Handle LONGMSFT on the daily chart shows the price action in the bull run out of the Covid lows then a
cup and handle pattern is printed and finally bullish continuation above the level of the cup.
Since the cup has a height of $145 and the level of the lip of the cup is $345, the pattern
forecasts bullish continuation for $ 145 above the cup's lip at $ 345 and so targeting $ 480.
I will continue to add to my MSFT position while watching for pivot lows on the 120-240 minute
charts. MSFT is a major player in the AI space and could even launch its own semi-conductor
division to compete with NVDA and the others. It has a healthy balance sheet and free flowing
cash from which to grow without dependence on interest rates coming down. The RSI indicator
shows consistent strength without signs of being overbought.
Utility Buyers Getting GreedyUtility stocks have been on a tear recently. Just a few days ago, 93% of the stocks in the S&P Utilities Index were trading above their 200-day moving average, and now the breadth is deteriorating rapidly with just 80% of these constituents above their respective MAs.
After today's slide, it seems the line of least resistance is to the downside, at least in the short-term.
XNGUSD- Bollinger / TTM Squeeze for Breakout LONGThis 30 minute chart of spot natural gas demostrates the indicators triggering / signaling a big
move as it gets underway. I missed the big move catching the two smaller scalpes earlier in the
day. For me, this demonstrates the value of one or more of these indicators armed with an alert
or notification to catch the move once it gets started. It also shows the value of detecting a
Bollinger band width and volatility contraction before the release. Price action is showing
a high tight flag pattern which could forecast a similar leg higher after sufficient consolidation
to ti reach the consensus equilibrium of buyers and short sellers as to what the price should be.
I will be one of those buyers adding again to my position which I expect to swing trade
at least the rest of this week. For those already with good-sized positions, some may elect
to sell some to take a partial profit. I am considering being more watchful of such a situation
also realizing that a short squeeze could get underway since XNGUSD as been falling for
sometime. Long-time shorts might decide this is the exit point to avoid further loss of
unrealized profits. If they do so they play into the hand of new buyers and those holding.
Buckle up, this could get interesting.
Discover is Getting Bought By Capital OneCapital One made it seem like they were "partnering or buying" Discover but in reality, Capital One is bailing them out and trying to save them.
Discovering is going to fail unless capital one cleans up the debt and books, every person I know who had credit card debt has one of there cards hahahahaha.
We may see some misleading news that will make it pump short term but overall, put swings going into the summer 90+ days out doesn't seem like to bad of a move.
We can ALREADY SEE UNEMPLOYMENT RISING, WHAT HAPPENS WHEN AMERICANS CAN PAY THERE BILLS?!?!?!
Mixed Reviews In Market Direction🟡Breadth - Stocks Above 50 Day
🔴 AMEX:SPY Red Light
🟢 AMEX:IWM Green Light
🟢 TVC:VIX Green Light
🔴Leaders NASDAQ:NVDA NASDAQ:SMCI NYSE:CPNG
They are not leading but it's also feeling like there might be a changing of the guard or at least some of the guards? (New Leaders Emerge)
🟡Risk Appetite
🟢 NASDAQ:TSLA NASDAQ:DJT
🔴 NASDAQ:SOUN CRYPTOCAP:BTC
👆Feels like risk appetite is mixed but still there. Love to hear some others thoughts on that risk appetite.
BTC bitcoinbar chart array; I was looking at this the other day, two days ago, and noticed how solid the background is plus counting the fades there's only 5 out of 10. I also noticed unlike most cryptocurrency that follows through with the entire cycle before madness gains, Bitcoin does not necessarily follow that trend. Bar Chart Arrays are not finite technical indicators. They are more like broad perspectives at times when the main indicators become unusable, unreadable.
Seen this exact setup at previous major tops I have analyzed the SPX using 2 common indicators; i.e. RSI and breadth above 200d SMA. A very similar setup was seen just before the 2018 correction and the 2020 crash. This recent rally of past 5 months is bigger and more irrational than the previous two rallies. Thus, we should expect a bigger move down over the long-term.
SRF : For 6 -9 month swing trade SRF: Stock is now in uptrend
a triangle breakout possibility
stock broke trend line 1 as can be seen and this time it sustained above the same for a decent three-week interval
expect this momentum to continue for targets 2850-2880 and 3200 on the upside in next two to three quarters with accumulation zone of 2200-2500
with a stop below 2120 level
BITCOIN POTENTIAL CHANGE IN STRUCTURE (18h)Based on historical backtest of trade strategy.
18H BTC HEIKINASHI
If the candle closes at or above the indicated value of the purple line as shown,
typical trade is 23 bars with and average profit of 8.18%.
This would be a longer term/higher time frame change in structure for BITCOIN.
60k double bottom is still in uptrend. Lower time frames are consolidating, then higher.
Currently the price has traded into the the 66k zone, nearly confirmed in the 50% retracement of the Fib. from the 73.6k high. An 18hr buy signal would conclude 70-72k price targets and likely new all time high possibilities.
*** STILL PENDING AN 18HR CANDLE CLOSE ABOVE THE PURPLE LINE *****
Will update if / when the signal is initiated
feel free to message for signal settings
ALPN and VRTX may merge surge of bullish momentum LONGAlpine is a biotech stock that had an earnings report beating estimates two weeks ago. It
is now reaching for all-time highs. That said, it is burning cash just slowing down the burn.
Both revenue and earnings showed remarkable improvement as compared with the previous
quarter. The bullish momentum of price and volume is obvious on the weeky chart with
the print of a massive bullish engulfing candle. Another earnings report is
due in 4 weeks. In the meanwhile, the news catalyst is VRTX and ALPN may be merging.
www.tradingview.com /
I will take a risky long trade here with a stop loss at 50 and a profit first target
of 80 and the second at 90.
GOOG- a cup and handle in formation LONGGOOG on the daily time frame showa a cup and handle pattern beginning at the November 21
high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the
same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts
a bullish continuation from that price level to the extent of the height of the cup. Accordingly,
this would be from about $ 150 to about $220.
Daily charts have high reliability as do cup and handle patterns. The RSI indicator shows
strength in the 50-60 range so GOOG has a long way to go before being overbought. .
Once price is over $ 150, I will initiate a position on GOOG shares and look to also take call
options striking $150 for late 2024 or 2025.
WULF a high volatility AI penny stock LONGWULF on a daily chart has room to run to a end of the year pivot high and the ATH of July 23
The relative trend indicator shows it rising out of of the chop zone and the RSI shows lines
popping over 50. My targets are 3.1 and 3.8 the red lines from the tweezer tops. PRice has
crossed the mean VWAP a bullish momentum stimulus. It is a cheap but risk way to take
an entry in a swing trade long on WULF and the AI subsector of technology. Upside is 50-75%
overall with a stop loss of 10% raised to break =even once price is 10% above entry and changed
to 5% trailing once price is over 25% above the entry. This is a low time and effort type of trade
meant to extract high profit relative to time/effort also with the use of alerts and notifications
to manage the trade.