The Breadth Thrust Indicator is a technical indicator used to ascertain market momentum. It is computed by calculating the number of advancing issues on an exchange, such as the New York Stock Exchange divided by the total number of issues (advancing + declining) on it, and generating a 10-day moving average of this percentage. The indicator signals the start of a potential new bull market when it moves from a level of below 40% which indicates an oversold market to a level above 61.5% within any 10-day period. This is a rarely occurring sentiment, which carries tremendous import with market watchers. The indicator is all about how quickly the NYSE's advancing and declining numbers go from poor to great in a compressed time period.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

Ver todos los episodios