Accendo Traders Video Technical Analysis Trading Plans

Today’s video is about how we use market internals as a part of our trading system.  One of the best ways to determine market sentiment is to use Market Internal Indicators. Market internals are often used to analyze the market ’s mood and development on an intra-day basis.   Learning to read market internals will greatly help your confidence of your intra-day charts.  In our video, we show how to setup your charts and read these internal indicators for confirmation of buy and sell signals.

Market Internals is the  scope of change in stock prices as measured by analyzing the number of stocks that advanced or declined during the period or by the number of stocks hitting new highs or new lows. Internal indicators can be used to measure the force of the bulls and bears as they exert themselves. We will focus on three types of indicators for Market Internals:  Volume, Advance/Decline, and New Highs/New Lows.  Volume indicates traders’ level of participation - are they buying stocks that are going up, or selling shares of the losers? Stocks making new highs or lows for the year reveal traders’ level of enthusiasm for the direction of market prices. The number of stocks ticking up or down speaks of the breadth of a rally or a retreat, that is, the number of stocks included in the move - something an index or simple price chart cannot do.

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Tags: Accendo, advance, Confirmation, day, day trading, Decline, Direction, Indexes, indicators, introduction, Lows, market, Market Breadth, Market Internals, Market Sentiment, New Highs, new lows, Participants, Stock, Stocks, technical analysis, trade, Trades, trading, Trading Strategies, Trading Systems, video, Videos, volume, Widgets

This entry was posted on Thursday, November 13th, 2008 at 5:38 pm and is filed under day trading, technical analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response.