The Breadth Thrust Indicator is a technical indicator that looks at how many stocks advance vs. decline over 10 days.
When it snaps from around 0.40 to above about 0.615 in 10 trading days or less, that’s called a Zweig Breadth Thrust and has historically lined up with strong bull runs more often than not.
Historically it doesn’t happen often, but when it does, forward returns over the next several months have usually been positive, which is why traders get excited when the line on your chart surges like this.
Historically, once a full thrust has triggered, the index has often been higher 6–12 months later in the majority of cases.
When it snaps from around 0.40 to above about 0.615 in 10 trading days or less, that’s called a Zweig Breadth Thrust and has historically lined up with strong bull runs more often than not.
Historically it doesn’t happen often, but when it does, forward returns over the next several months have usually been positive, which is why traders get excited when the line on your chart surges like this.
Historically, once a full thrust has triggered, the index has often been higher 6–12 months later in the majority of cases.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.