Info!! 4 Indicators I'll Hold Out Tracking Via Twitter

At the asking of several readers, I'll hold upward using morning time Twitter posts to update several marketplace indicators that I bring constitute useful inwards assessing marketplace forcefulness in addition to trend. These volition include:

* New Highs/Lows - I especially similar to come across if nosotros bring expanding or contracting novel highs or lows next a menstruation of marketplace forcefulness or weakness. This frequently signals reversal. Similarly, bursts of novel highs or lows assist confirm breakouts from ranges. The recent pullback inwards novel highs was an fantabulous heads upward for the marketplace weakness this by week.

* % of Stocks Above Moving Average - I similar this equally a longer-term momentum stair out in addition to a agency to assess whether stocks are gaining or losing momentum twenty-four hours over day. When I come across divergences, I'll banknote the % of stocks higher upward their MA for dissimilar indexes, such equally modest caps in addition to NASDAQ issues vs. SPX stocks. This is helpful inwards identifying leading in addition to lagging sectors equally well.

* Demand/Supply - This is my shorter-term proprietary stair out of momentum, tracking the number of stocks closing higher upward vs. below the volatility envelopes surrounding their short-term moving averages. All NYSE, NASDAQ, in addition to ASE issues become into this calculation. Once again, I similar to come across if nosotros larn around momentum twenty-four hours over day. The Cumulative Demand/Supply numbers render fantabulous overbought/oversold readings in addition to bring done a fine chore of tracking intermediate-term highs in addition to lows inwards the by twelvemonth or two.

* Technical Strength - I rail xl S&P 500 stocks that are highly weighted inside viii sectors; at that spot are 5 stocks per sector. The Technical Strength stair out is a quantification of trending demeanour inwards those stocks. I categorize these numbers into uptrends, neutral trends, in addition to downtrends in addition to examine shifts inwards tendency twenty-four hours over day.

In improver to next these indicators on a daily basis, I'll likewise hold upward assembling my commons weekly review of indicators on the weblog over the weekends. This is a larger moving-picture demo persuasion of the markets that guides my basic strategy for the week.

For those interested inwards the daily review of indicators, the concluding 5 Twitter posts look on the weblog homepage. The consummate laid upward of "tweets" tin dismiss hold upward constitute on my Twitter page; gratis subscription via RSS is available at that spot equally well. I'll snuff it on to post service links of of import marketplace themes via Twitter equally good equally occasional marketplace comments in addition to a morning time review of economical reports due out in addition to how overseas markets are trading. Thanks for your continued interest.