Market Internals

Setting up Market Internals

The 4 core market internals consist of: Breadth Ratio Advance Decline Line Trin Tick You can use them to better pinpoint your entry and exits and get a good gauge of the market. In the video below I show how to setup market internals on the thinkorswim platform.

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When NOT to Trade

Waiting patiently on the sidelines is one thing you hear some of the world’s greatest trader’s talk about in the book Stock Market Wizards. These are the times I’ve found best NOT to trade. When breadth is at parody, 1:1 When the a/d line is at parody, inside |400| When the tick is at parody, inside |400|

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TRIN – Arms Index

Developed by Richard Arms in 1989, the Arms Index, also called the TRIN (TRaders’ INdex) is designed to detect overbought and oversold levels in the markets. The indicator looks at the number of advancing stocks versus declining stocks combined with how much volume is flowing into these stocks. Using the Trin This is a contrarian indicator, meaning it has an inverse relationship with the market. A ratio of 1 means the market is at parity, above 1 indicates more volume…

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