Percent of stocks above 50MA and 200MA

Overview:
The percentage of stocks above and below the 50 MA and 200 MA can indicate the overall health of the Market.

However, a very useful way to use these charts is to determin the direction becaue these charts are directly correlated to their respective index.

For example, if you see positive divergence developing in the MACD in the chart of the % of stocks above the 200 MA, then you know there is a strong possibility that the index will soon experience a rally.

Normal technical analysis can be used on these following charts to predict market movement.

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