Staying Ahead of Market Moves | Using Market Breadth as a Tool w/ Jason Ruchel
What if you could gauge the probability of a trend day vs. a choppy day in the first 30 minutes of market open? Stay ahead of the next market move? Join Jason Ruchel, a seasoned Options Trader from Options Hawk, in this must-watch video. Discover the power of market breadth – the underlying force driving market dynamics. Jason explains why market breadth is like the fuel underneath the hood of the market and explains how you can use it to your advantage on a day trading or swing trading basis. This technical analysis tool measures the number of stocks that are advancing versus the number of stocks that are declining. It allows you to get a sense of the overall health of the market and determine whether it is likely to continue trending in its current direction or reverse course. We’ll walk through different market breadth indicators, including the advance/decline line, the new highs/new lows indicator, and the up/down volume ratio. We’ll also discuss how to interpret divergences, assess seasonality and look at options flow to make trading decisions. Whether you’re a day trader OR a swing trader, this video is for you. Market breadth is your secret weapon to staying one step ahead of the market and making more informed trading decisions.