Download The Complete Guide to Market Breadth Indicators PDF and Discover the Secrets of Trend Follo

The Complete Guide to Market Breadth Indicators provides detailed descriptions, and charts for over 200 market breadth indicators - indicators that can help any investor understand where the market has been and where it might be headed. Originally published in hardcopy in 2006, the book has been completely revamped for the digital age by Greg and is now available exclusively for the Amazon Kindle ebook reader.

the complete guide to market breadth indicators pdf download

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A few years ago StockCharts.com vastly updated not only its raw breadth database but now there are hundreds and hundreds of new market breadth indicators available to everyone. This is not really an article but an information piece about StockCharts.com's vast amount of breadth material and where to find it; plus, a little sales pitch at the end I thought I would just throw in. And just to help validate it all for many years I managed a lot of money using a large percentage of indicators that used breadth data.

Let's take the year 2007 as an example to show the importance that breadth contributes to market analysis. After a good bull run from early 2003, the market's overall trend was reduced early in 2007 but still making higher highs. Breadth, using the ubiquitous advance decline line, declined during the entire year (see chart A). This is because fewer and fewer stocks were participating in the perceived rally. The Troops were no longer following the Generals. My friend Tom McClellan likes to say that breadth arrives at the party on time but always leaves early. Back when I was managing money, I used a model that consisted of 40% breadth indicators for this very reason.

After using breath for decades, I would state the following about breadth and market tops. Breadth can and will show deterioration (divergence) while price-based indicators move higher at every market top, it also can and will display it at times when there is only a pullback or correction. One cannot assume that a divergence with price and breadth will be a trading opportunity, but it will always be a time to become more alert. This is not unlike many economic indicators, recalling the humorous adage that the Index of Leading Indicators has called 18 of the 12 recessions. Remember breadth treats all stocks equally. Exxon Mobile could be up $35.00 one day and Bubba's Pizza could be down $0.01, and they would cancel each other out using breadth.

There are 3 sections below, one for the New York Exchange data, one for the NASDAQ data, and one for the Toronto TSX data. The raw data symbols and their starting dates are included for both the daily data and the weekly data. After each table are links to various other breadth data and indicators in StockCharts.com's Symbol Catalog.

"This book should be called the Encyclopedia of Market Breadth because it includes every form of market breadth known to man. A must for any serious student of this important and overlooked subject." Martin Pring, Author, Technical Analysis Explained.

"In The Complete Guide to Market Breadth Indicators, Greg Morris passes along his many years of experience, describing the market breadth indicators that he finds most effective." Sherman McClellan, Publisher, The McClellan Market Report.

"Rich in detail yet easy to digest and understand. Greg Morris has left no stone unturned in writing what is clearly the leading resource on stock market breadth." Tim Hayes, CMT, Chief Investment Strategist, Ned Davis Research.

"Greg Morris has done a great job of assembling a large variety of indicators based on market breadth data. More importantly, he has illustrated why breadth data is so important to market analysis." Tom McClellan, Editor, The McClellan Market Report.

Opinions and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. We believe the information provided here is reliable but should not be assumed to be accurate or complete. The views and strategies described may not be suitable for all investors.

Market breadth indicators, i.e. advance/decline, new high/new low, or up/down volume, allow technical analysts and traders to look beneath the surface of a market to quantify the underlying strength or direction associated with a market move. Increasingly popular in all types of markets, they give traders the ability to accurately forecast a number of possible outcomes and the likelihood of each.

The Complete Guide to Market Breadth Indicators is the most comprehensive and vivid collection available of market breadth indicator information and features ideas and insights from market veterans including John Murphy, Don Beasley, Jim Miekka, Tom and Sherman McClellan, and numerous others. Chapters are first categorized based upon the mathematical relationship between the breadth pairs. Each indicator is then analyzed to provide information including:

Breadth analysis is one of the purest measures of market liquidity. Applicable to virtually any exchange or index of securities for which breadth data is available, it represents the best available footprint of the health and near-term direction of the overall market examined. The Complete Guide to Market Breadth Indicators is the first book to delve into the use, mathematics, and interpretation of the most popular and proven of these tools, and is an invaluable reference for technical traders and investors of all types, and in every market.

This book will be helpful for developers of volume indicators. You will gain many ideas for identifying market manipulation. But to use them in your actual trading, coding skills are essential. 2ff7e9595c