To be successful in the market, it is imperative to be aligned with overall market direction and to ascertain directional strength. Most traders look solely at an index’s chart, such as the S&P 500, to determine where the market it heading. But indexes only tell part of the story. In order to understand what the market is doing as a whole, many savvy traders turn to Market Breadth indicators. Market Breadth indicators measure the performance of all the stocks on the major exchanges. By providing insight on how many of the stocks are participating in the current moves, we gain a much better feel for overall market sentiment.

In Profiting with Market Breadth, we show you how to use these indicators to quantify the direction and strength of the overall market. This seminar covers all of the major Market Breadth indicators and how they are calculated. It will also show you how each one is sued to help predict future market direction.

Seminar Outline

Introduction – Defining Market Breadth

How Market Breadth Analysis Helps Ups

Advancing Stocks vs. Declining Stocks
The Basis For Market Breadth

• The Advance/Decline Line
• The ARMS (TRIN) Index
• The McClellan Oscillator

More Market Breadth Indicators

• The Bullish Percent Index
• Stocks Above Their Moving Average
• Stocks Making New Highs or Lows

The Put/Call Ratio

The Multicollinearity Issue

• Putting Too Much Weight on the Same Information
• Examples of Good Combinations

Visual Confirmation with Market Breadth

• Setting Up Your Charts
• Using the Chart Book

Automated Confirmation in Trading Strategies

• Setting Up a Filter Block
• Examples