kulturdesken Profile picture
May 2 8 tweets 3 min read
#Breadth is an efficient way of knowing when to be aggressive, and when to stay out of the markets.

A thread with some different tools you can use

Most of the breadth indicators will tell the same story.
1. Stockbee breadth market monitor: docs.google.com/spreadsheets/d…

Study this a few minutes every day, and you'll build a great feedback loop.

Take note of when changes in breadth occur and what happens w stocks/indexes.

Watch what happens w. ≈1000 up.

3. Net new highs/lows for the index you want to trade. When you have a change in breadth and/or more lows than highs it is often time to start going to cash.

Take note that NYSE this year have been working better than Nasdaq while breadth was better on NYSE.

3/x Image
4. % of Stocks above 40 MA
T2108 in TC2000.
Take note of what happens around 20 area.

4/x Image
5. McClellan Oscillator, in TC2000 called "T2106".
This can be added to Tradingview as well. You can use this as an oversold/overbought indicator which you can then confirm with price action in stocks of interest.

5/x Image
6. McClellan Summation Index T2118.
Can be interpreted as bullish or bearish when it crosses over the zero line. And a crossovers on a 10- or 20-day moving average of this indicator is great for a trend following system - will get you in most trends without much whipsaw. 6/x Image
The arrows show the last times two times we had >1000 stocks up over 4% in a day. You'll find the same will be true each time we have a turn in the market.

Use this together w market knowledge. Moves in 3-5 days at a time in one direction + possible pivot points. Image
7. 20 day MA of an index can be an effective way to know when to be in or out of the market. When price closes under 20 day MA of an index it can be a signal to go to cash/manage risk. Breakouts normally don't work as well when price is below 20 day MA.

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More from @kulturdesken

Mar 12
@_onepercenter_ @lejooon Google is your friend
@_onepercenter_ @lejooon Sök på Broadening range trading
@_onepercenter_ @lejooon Lägg till the strat - klicka video eller bilder = förklaring
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Mar 11
Error correct faster!
But first make your requirements less dumb.
Delete parts and processes.
Read 6 tweets
Mar 10
4% bullish scanner in #tradingview. Filter criteria and column settings.

There is no filter for volume higher than yesterday, but you can use relative volume above X depending on amount of stocks that show up in screener.

Adjust volume*price for around 10x your account size.
Gets you a pretty good selection in Nordic markets already
Choose "Volatility Month" instead to get a better reading.
Read 4 tweets
Mar 8
More evidence for ivermectine.

A large and well designed study shows Ivermectine reduces mortality w 70.1% vs Remdesivir.

Cost for ivermectine: a few cents per dose (temp 5 usd because of demand)
Cost remdesivir: 390 to 3100 usd / treatment

This is another reason why you have to question authorities and media that has an agenda. They Do not have your best interest at heart.

Most of you honestly have Been fooled and many many millions have died unneccesary because of it.
In these times can you trust mainstream media who told you 1) natural immunity (against all known science) doesn’t work. 2) ivermectine is dangerous 3) the vaccines are not dangerous?

What do you think about being lied to for 2 years straight?
Read 7 tweets
Feb 24
Really bad exectution today but was lucky w mostly good decisions in prior days.

@PradeepBonde /Stockbees advice of ABC "Always Be in Control is something I will focus on. One step back today. Mind was not with me. But feel I got a better understanding of better path forward.
Notes in my trading guide:
Focus! <- prepare/mental capacity/do less to do more

Inspired from Stockbee - behaviour goals:
ABC - Always Be in Control
FEE - Find and enter early
The cognitive load of trying to catch more of the exploding oil stocks and trying to buy more gas & then gold came in the way of yesterday nights preparation work on Earnings gap ups - which is the trade setup I've studied & "know" and have been focusing on.
Read 4 tweets
Feb 23
Today there are two stocks I think can squeeze and/or have a momentous move because of low float and short interest ratio and a catalyst*.

$MULN which is a more speculative and an EV name
$SKIN* which had great earnings and guidance. Lynched via girl friends.
Earnings works. Energy works. Shipping logically should cont to work. Biden have lng on ships now. Gas should work. These are just things I notice.

This was my focus list going in today.
Okay moves.

Got alerts from BTU and VTNR as well.
That's it.
For my followers SKIN is at R3 and since it's a daytrading market I sold half here.
Read 7 tweets

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