A new category I am starting for members, looks at one of the more important market breadth indicator aspects to determine market direction, Advance Decline Numbers.
Market Breadth Indicator
This category looks at the advance decline numbers on a daily basis, weekly basis and monthly basis. Advance Decline Numbers can often pinpoint to investors when the market is entering periods of strength and weakness as well as possible duration.
This assists all investors in knowing when to consider applying capital, raising capital and when to sit on the sidelines.
Many investors use the advance decline numbers to pinpoint those stocks they wish to trade in and those they want to avoid. There are many other advantages to using the Advance Decline numbers for trading needs however and they often work quite well with the trading strategies I use daily. As far as understanding market breadth, there a few indicators as fundamentally important as the advance decline numbers.
Advance Decline Numbers For Second Week Of June 2016
Here is the Market Breadth Indicator for the second week of June 2016 as detailed by the advance decline numbers to date. FullyInformed Members can access this article through this link or they can sign in to the full site here. Non-members can join here or read about the benefits of a membership.
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