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Percent of Stocks Above 20-Day AveragePercent of Stocks Above 20-Day AveragePercent of Stocks Above 20-Day Average

Percent of Stocks Above 20-Day Average

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MMTW trade ideas

A cyclical historyWe have all heard that the economy works in cycles, and so does the market. But what does this truly mean? Has anyone actually been able to show you where you can see these cycles occur? Well, here is a great graph that will show you how. By looking at the 6-month time frame, the percentages of stocks above the 20 daily MA, you are achieving 2 things. Seeing price action at the timeframe used to declare technical recessions Seeing the percentage of stocks in a short term uptrend or downtrend as the complement is also true Here it's quite easy to see how an important world event unfolded with a clear, repeatable pattern. When the percentage oscillates heavily, it allows for many technical resets, causing a healthy uptrend when the percentage returns to above 50% by the end of the semester. Another patter is that after a period of over-performance, a period of under-performance is followed and vice versa. When looking at world events, just remember at the end of the day we are all a number in a larger scheme. And the laws of statistics will end up controlling our outcomes, as there must be balance in all binomial systems. Even when biases can be present in distributions, the more we generalize and zoom out, the more we can see the statistical convergences in human behavior. At the end of the day, our lives are influenced by fractals, some of which we are not even aware exist.
INDEX:MMTWEducation
by DarkMessiah777
Penguin: "BTFD ?!?" - % of stocks above their DMA.The daily chart is showing market sentiment from a breadth perspective: the percentage of stocks on the NYSE (2943 stocks) that are above their daily moving averages. The trend is increasingly bullish but that increase has peaked in recent days. [bDetail: MMTH - RED - Percentage of stocks above their 200 DMA MMOF - Percentage of stocks above their 150 DMA MMOH - Percentage of stocks above their 100 DMA MMFI - GREEN - Percentage of stocks above their 50 DMA Average of all 4 - WHITE line EMA10 of the white line - ORANGE line All 4 indicators and their mean are above the midline with positive momentum . That momentum has peaked in recent days and is no longer accelerating.
INDEX:MMTWLong
by gb50k
4
Breadth indicators you've probably never heard of!These charts help you immediately see how the entire market is faring at a given time. Note, these are daily indicators for "Free" users, and "Pro, Premium" users can view intraday timeframes. These make great bases for creating trading algorithms on the theory of a "rising tide raises all ships". MMFD Percent of Stocks Above 5-Day Average MNTW Percent of Stocks Above 20-Day Average MMFI Percent of Stocks Above 50-Day Average MMOH Percent of Stocks Above 100-Day Average MMOF Percent of Stocks Above 150-Day Average MMTH Percent of Stocks Above 200-Day Average * Trading view doesn't let us free users post links to their own website for some reason, but each of these are available as "Index" charts.
INDEX:MMTWEducation
by BenjiFutures
2