AstroCycle research - Accurate market forecasting

Weekly and Monthly Breadth Summation Index (BSI)

The Weekly BSI is made up of a dozen of Breadth and Momentum indicators and is a good measure of oversold and overbought conditions.

It is interpreted as Bullish when turning up from low levels since we can climb significantly before reaching overbought, and Bearish when it turns negative by crossing the zero line.

It shows the potential risk/reward on a trade depending on its position relative to recent history, and generates a few trades per year.

The Monthly BSI is made up of a few long term Breadth and Momentum indicators with some Fundamental indicators that always turn positive early enough in a multi year Bull market.

McClellan A/D Summation

The McClellan Summation of Advancing/Declining issues is very good at detecting the primary trend and will stay positive most of the time in a long term Bull market.

Long Term StochRSI

The StochRSI is a price based momentum indicator that will often lead or lag the other long term indicators and act as an early warning or a price confirmation of the other signals.

Cumulative New Highs and Lows

The Cumulative New Highs and Lows are one of the best primary trend indicators since they will rise continuously in a long term Bull market, and their Stochastics smooth out minor fluctuations.

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