Key insights
- The user is developing a dashboard to track S&P 500 market breadth using various technical indicators like moving averages, volume, momentum, and trend systems. This focus on breadth can serve as a leading indicator for market strength and potential reversals. A broad participation in upward price movements suggests a healthier, more sustainable rally, while narrowing breadth can signal underlying weakness. The dashboard's development and the indicators tracked are relevant for assessing the forward-looking health of the US equity market.
Hey All!
I've been working on building a dashboard through Codex that displays the % of S&P 500 components that meet particular conditions as a way to measure the strength and breadth of the market. I would really like to build this out to be fairly comprehensive dashboard that looks at all sorts of technical indicators, not just the basics. Anyone have any suggestions for indicators that can be added? Below is a list of all the existing ones I've added so far. I've also added some screenshots of the dashboard if any one is interested.
Moving Averages
% of SPY Stocks above 50-Day SMA
% of SPY stocks above 200-Day SMA
% of SPY stocks above 9-Day EMA
% of SPY stocks above 18-Day EMA
% of SPY stocks above 55-Day HMA
% of SPY stocks with 9-Day EMA greater than 18-Day EMA
Volume
% of SPY stocks with rising OBV
% of SPY stocks with bullish Chaikin Money Flow
Momentum & Oscillators
% of SPY stocks with 14-Day RSI above 70
% of SPY stocks with 14-Day RSI below 30
% of SPY stocks with 14-Day RSI above 50
% of SPY stocks with Stochastic K% > Stochastic D% (14,3)
Trend Systems
% of SPY stocks trading above Parabolic SAR
% of SPY stocks with Bullish TTM Trend
% of SPY stocks with Bullish Ichimoku setup
Dashboard Screenshots: https://imgur.com/a/aHhx4uq