SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CFZ E-Wiggle Workspace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
kckip
To: robert b furman who wrote (40511)12/23/2024 6:04:40 PM
From: skinowski1 Recommendation   of 41461
 
The indicator signals the start of a potential new bull market when it moves from a level of below 40% (indicating an oversold market) to a level above 61.5% within any 10-day period.
Hopefully it happens - but it’s not a done deal yet. The idea is that the 10 day moving average of the advance /decline numbers goes from a deeply oversold level - to a very overbought (61.5%) within 10 days. When it happens, it shows some big underlying strength. Right now we have the setup - and we’ll see what happens within 10 trading days.

There are many breadth thrust indicators nowadays. This one is the oldest, developed by Marty Zweig several decades back. I remember I first read about it in his book - of all places, on the beach on the Outer Banks, NC. Must have been in the late 90’s.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News