Tag Archives: percent bullish

Market Overbought – But Wait for the Trend Change

I introduced the concept of market breadth in a post titled “The Secret Weapon of Technical Analysis.” Based on current breadth readings, the equity market is overbought and due for a pullback.  However, trading against the trend has a low … Continue reading

Posted in Market Breadth, Market Commentary, Market Sentiment, Technical Analysis | Tagged , , , , , , , , , | 4 Comments

The Secret Weapon of Technical Analysis

The vast majority of technical indicators perform a computation on the price or volume of an individual security.  While these indicators can provide valuable insights, most traders ignore the most effective type of technical indicators. 

Posted in Economic Indicators, In-Depth Article, Market Timing, Risk Management, Strategy Development, Technical Analysis | Tagged , , , , , , , , , | 24 Comments