5 Day Thrust >76%
Yesterday the US Common Stock 4% Up 4% Down on high volume 5 day thrust pushed over 76%. When this happens and the S&P500 is above the 200ma, it usually results in a higher S&P500 with a 69% win rate over 5 days and 94% win rate 1 year later...
Additionally, The Zweig Breadth thrust generated a signal 20121223 and has a 86 and 88% probability of a higher S&P500 6 and 12 months later.... The Zweig breadth thrust criteria is strict. It must rise from below 0.4 to over 0.615 in a ten day period. A borderline signal generated 20160225 where it rose from 0.4 to over .615 over a ten day period, it was equal to .4 and not below, and thus does not satisfy the criteria and is not counted in the below stats.
The ROC50 rose over 14% on 20160425 and has a 85% probability of being up 12 months later....
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