Friday, April 29, 2011

Dow Breadth

Earlier the Dow was up about .55% leading the market, now it's given back some at +.27%

Here's the Dow Breadth scan I mentioned earlier.

 % of stocks above/below the 1 min 50 bar moving average. In the white box you can see how quickly the percentage changed, this is likely because of the lateral trend most of the DOW stocks were in I mentioned earlier, putting them very close to their 50 bar average.

 % count new highs/new lows over 250 minutes. I'm a bit surprised to see 250 minute new lows at more then half the Dow.

 5 min % stocks above/below their 5 min 50-bar average, the trend speaks for itself.

And the advance/ decline ratio for the Dow, again, speaks for itself.

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