GroundNinja

$ADD as one of many guides for breadth

USI:ADD   NYSE $ADV MINUS $DECL
Market breadth is one of the tools I use to gauge market sentiment. Although it has been a bit more challenging in recent conditions, it is part of the technical analysis trade when gauging broad based strength and broad based weakness.$ADD measures advancing over declining activity: Advancing (buyers), Declining (sellers). Here is range for you fam on zones. Seller favored are BELOW -500 for me, while optimal zones for buyers are ABOVE +1000. Where is the market this morning? Is trend being your friend? (Ask yourself this every time you want to plan a trade!) //I use this alongside other key tools such as McClellan Oscillator. // $ADD was at <1705> at the time of this post
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