I Can See the Futures
Breadth thrusts producing positive returns and why you should keep your eye on gold, silver and gold miners!
“I was absolutely unemotional about the numbers. Losses did not have an effect on me, because I viewed them as purely probability-driven, which meant sometimes you came up with a loss. Bad days, bad weeks, bad months never impacted the way I approached the market the next day. To this day, my wife never knows if I’ve had a bad day or a good day in the market,”
Jim Leitner
As you've seen, the portfolios have actually gained more after the correction.
While others were panicking, we stayed the course. It was nerve-wracking 😱, but sticking to our system and plan is crucial.
I am terrible at marketing but I am a damn good traders. Subscribe, like and share so people can stop getting scammed.
Let’s talk about breadth. Our Bull/Bear indicator is in full bull mode, but wait there is more!
Let me explain what a Breadth Thrust is and why it matters. Imagine you're tracking the overall health of the stock market.
The Breadth Thrust is a momentum indicator developed by Martin Zweig that helps us see when the market is shifting from a state of weakness to one of growing strength.
Here's how it works: Over 10 trading days, we look at the percentage of stocks that are moving up. If this percentage jumps from below 40% to above 61.5%, it's a sign that the market is gaining significant momentum.
In other words, the market has moved from being oversold—where there was more selling than buying—to a stronger position, though it hasn't yet reached the point of being overbought.
This "thrust" can be a powerful signal that the market is starting to turn bullish.
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