Market Breadth

Overview 

 

 Find  potential highs or lows in the general market 

 Divergence is a key way to spot market turns early and act as an  early warning sign 

 

 

 Another simple way to check market breadth is checking sectors or large - mid - small caps (like btc against others) 

 

 AD line 

 

 A line that is calculated by taking the difference between the number of advancing 

 Can be used as a point of divergence, AD line may not have made a new high but price may have, signalling potential weakness 

 Can be used like regular bearish / bullish divergence 

 

 

 

 

 Above / Below EMA Oscilator (ABO) 

 The ABO indicator is great to see if there is another point of divergence