In this edition of StockCharts TV‘s The Final Bar, Dave describes how the “breadth thrust”, popularized by legendary market strategist Martin Zweig, can help to validate a new bull phase for stocks. He answers viewer questions on pairs trades, running technical indicators like RSI on price ratios, best practices in analyzing leveraged ETFs like SPXL, and what’s next after the initial Hindenburg Omen signal in May 2024.
See Dave’s chart with the Zweig breadth thrust here.
This video originally premiered on June 14, 2024. Watch on our dedicated Final Bar page on StockCharts TV!
New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.
More Stories
Semiconductors Are Down: Is Now the Time to Buy SMH?
Big Tech Earnings, Fed Meeting, Jobs Report: Will They Add More Pressure to the Stock Market?
S&P 500 Equal Weight ETF Gains Strength