Thursday, April 18, 2013

Moving Averages Advance/Decline Breadth


The reason ShadowTrader promotes the 'Quad' is that Breadth, Volume Ratio, & Cumulative Tick are all leading indicators of price. Breadth the slowest, volume next, & tick extremely sensative. Notice the bounce in price on the S&P 500 Futures index as Advance/Decline Breadth intersected with it's Moving Averages (60SMA & 110EMA)

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