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    Market Internals v2 PDF

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    JayBajrang
    This document discusses market internals, which provide insight into overall market sentiment and behavior. It defines various market internals indicators like advance/decline lines, market breadth, and tick, and provides the symbols to view them for different markets. It discusses how to interpret extreme readings of these indicators and how they can be used to generate trading signals. References for automated trading systems that use market internals are also provided.

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    Market Internals v2 PDF

    Uploaded by

    JayBajrang
    1K views30 pages
    This document discusses market internals, which provide insight into overall market sentiment and behavior. It defines various market internals indicators like advance/decline lines, market breadth, and tick, and provides the symbols to view them for different markets. It discusses how to interpret extreme readings of these indicators and how they can be used to generate trading signals. References for automated trading systems that use market internals are also provided.

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    This document discusses market internals, which provide insight into overall market sentiment and behavior. It defines various market internals indicators like advance/decline lines, market breadth, and tick, and provides the symbols to view them for different markets. It discusses how to interpret extreme readings of these indicators and how they can be used to generate trading signals. References for automated trading systems that use market internals are also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views30 pages

    Market Internals v2 PDF

    Uploaded by

    JayBajrang
    This document discusses market internals, which provide insight into overall market sentiment and behavior. It defines various market internals indicators like advance/decline lines, market breadth, and tick, and provides the symbols to view them for different markets. It discusses how to interpret extreme readings of these indicators and how they can be used to generate trading signals. References for automated trading systems that use market internals are also provided.

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    Download as pdf or txt
    of 30

    MARKET

    MARKET INTERNALS
    INTERNALS

    The Pulse of the Market


    Market Internals

    Gonzalo Peres
    September 25, 2018
    Disclaimer
    Disclaimer: Neither TradersMeetup.net nor its organizers, hosts or presenters are licensed financial advisors,
    registered investment advisors, registered broker-dealer nor FINRA | SIPC | NFA-member firm. In accordance to the
    policies of TradersMeetup.net, this presentation does not provide investment or financial advice or make investment
    recommendations. TradersMeetup.net is not in the business of transacting trades, nor does TradersMeetup.net agree
    to direct your brokerage accounts or give trading advice tailored to your particular situation. The content of today’s
    presentation does not constitutes a solicitation, recommendation, promotion or endorsement of any particular
    security, other investment product, transaction or investment.

    Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk
    of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light
    of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.
    Opinions, market data, and recommendations are subject to change at any time.

    All rights reserved. This Material may not be reproduced or distributed, in whole or in part, any other reproduction in
    whatever form and by whatever media, is expressly prohibited without the prior written consent of TradersMeetup.

    No Soliciting. No Recording. No Photography.


    Today’s Agenda

    ● Market Breadth

    ● Advance/Decline Lines

    ● Tick

    ● Correlation, Arbitrage and


    Automate Systems

    ● References
    NYSE (New York Stock Exchange)
    What is under the hood?
    Trading References

    TradersMeetup
    Chatroom
    Trading References
    Short ES
    Market Internals Symbols (*)

    Breadth AD Line Tick

    NYSE Exchange $VOLD $ADD $TICK

    NASDAQ Exchange $VOLQD $ADQD $TICK/Q

    S&P500 $VOLSPD $ADSPD $TIKSP

    Nasdaq 100 $VOLNDD $ADNDD $TIKND

    Russell 2000 $VOLRLD $ADRLD $TIKRL

    DJIA 30 $VOLID $ADID $TIKI

    (*) Thinkorswim Platform


    Market Internals Availability

    Intraday
    6:30 AM to 1:00 PM (PST)
    (Breadth, AD Lines and Ticks)

    Daily
    (Breadth and AD Lines)
    Market Internals

    Advance/Decline Line:

    # of Adv - # of Dec

    Market Breadth:

    Up Volume - Down Volume

    Tick:

    # of stocks that last ticket up


    vs. down

    Trin or Arms Index:

    AD Ratio / Breadth Ratio


    Market Breadth (Volume)

    Breadth

    NYSE Exchange $VOLD

    NASDAQ Exchange $VOLQD

    S&P500 $VOLSPD
    Bias and direction
    Nasdaq 100 $VOLNDD (Swing pattern: Range)

    Russell 2000 $VOLRLD

    DJIA 30 $VOLID
    Market Breadth (Volume)

    Extreme
    Values

    >= 3:1

    <= -3:1
    Market Breadth (Volume)

    Extreme
    Values

    >= 3:1

    <= -3:1
    Advancing/Decline Line

    AD Line

    NYSE Exchange $ADD

    NASDAQ Exchange $ADQD

    S&P500 $ADSPD

    Nasdaq 100 $ADNDD


    Swing pattern
    Russell 2000 $ADRLD

    DJIA 30 $ADID
    Advancing/Decline Line

    Extreme
    Values

    > 2000

    < -2000
    Advancing/Decline Line

    Extreme B
    Values

    > 2000

    < -2000
    A

    B
    Market TICK

    Tick

    NYSE Exchange $TICK


    1000
    NASDAQ Exchange $TICK/Q
    400
    S&P500 $TIKSP
    0
    Nasdaq 100 $TIKND
    -400
    Russell 2000 $TIKRL
    -1000
    DJIA 30 $TIKI
    Extremes (Pulse)
    Market TICK

    B
    A
    Levels

    1000

    400

    -400 A

    -1000 B
    Market TICK

    Levels

    1000
    B
    400

    0
    A
    -400

    -1000

    B
    Correlation, Arbitrage and Automation

    In statistics, dependence or association is any statistical relationship, whether


    causal or not, between two or more random variables or bivariate data.

    Russell
    /NQ
    /ES
    $ADRLD

    $VOLRLD

    $TIKRL
    /RTY
    /RTY
    B C

    ABC
    A A A
    Automated Systems

    ".... is an automated
    system for
    day-trading the S&P
    e-mini market…

    … it uses Market
    Internals to
    generate buy and
    sell signals..."
    References
    NOTE: These are not investment recommendations sources, but
    rather references for you to check (ie. get to know what is out
    there)

    https://youtu.be/c0wp1ANxeH4

    https://youtu.be/YLO6CVXO9iA

    https://youtu.be/G9G-ZJdBYEY

    by Greg Capra
    ShadowTrader.net “The Quad”

    Peter Reznicek
    Clue / Nugget

    ● Bollinger Band

    ● Keltner Channel

    ● Plot Histogram
    THANK YOU

    Contact Info:

    Gonzalo Peres

    [email protected]

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