{"product_id":"the-complete-guide-to-market-breadth-indicators-how-to-analyze-and-evaluate-market-direction-and-strength","title":"The Complete Guide to Market Breadth Indicators: How to Analyze and Evaluate market Direction and Strength","description":"\u003cp\u003eMarket breadth indicators  i.e. advance\/decline  new high\/new low  or up\/down volume  allow technical analysts and traders to look beneath the surface of a market to quantify the underlying strength or direction associated with a market move. Increasingly popular in all types of markets  they give traders the ability to accurately forecast a number of possible outcomes and the likelihood of each. Bottom line? For gauging the near-term direction and strength of a market  breadth indicators are among the single most valuable tools a trader can use. The Complete Guide to Market Breadth Indicators is the most comprehensive and vivid collection available of market breadth indicator information and features ideas and insights from market veterans including John Murphy  Don Beasley  Jim Miekka  Tom and Sherman McClellan  and numerous others. Chapters are first categorized based upon the mathematical relationship between the breadth pairs. Each indicator is then analyzed to provide information including: Also known as--other names by which the indicator is recognized Author\/creator--when available Data components required--components of breadth data required to calculate the indicator Description--brief description of the indicator Interpretation--generally accepted industry interpretation of the indicator  with techniques of different analysts also discussed Chart--Chart or charts that best display the indicator Author comments--Greg Morriss personal interpretation  opinion  and use of the indicator  along with suggested modifications  complementary indicators  and more Formula--An algebraic formula for the indicator or  for formulae that are too complex for this section  a descriptive narrative on the formula References--An indicator-specific bibliography for additional information on the indicator or its creator  with notes about a particular book or magazine article Breadth analysis is one of the purest measures of market liquidity. Applicable to virtually any exchange or index of securities for which breadth data is available  it represents the best available footprint of the health and near-term direction of the overall market examined. The Complete Guide to Market Breadth Indicators is the first book to delve into the use  mathematics  and interpretation of the most popular and proven of these tools  and is an invaluable reference for technical traders and investors of all types  and in every market.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44947012321333,"sku":"ByrdShop_0071444432","price":452.94,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780071444439.jpg?v=1769977527","url":"https:\/\/atxbooks.com\/products\/the-complete-guide-to-market-breadth-indicators-how-to-analyze-and-evaluate-market-direction-and-strength","provider":"ATX Books","version":"1.0","type":"link"}