Breadth Thrust has appeared: Is there a 100% signal for U.S. stocks to rise?
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The U.S. stock market has recently shown breadth thrust signals, with the S&P 500 Index confirming its 32nd signal. A breadth thrust indicates a shift in market breadth from weak to strong in the short term, characterized by the ratio of advancing stocks to total stocks rising from below 0.40 to above 0.615. Since 1939, the probability of an increase after 130 and 190 trading days following the signal has been 100%, with average gains of 17.1% and 19.6%, respectively. The probability of an increase after 250 trading days is also 100%, with an average gain of 21.3%. This signal has strong predictive power for medium-term trends
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