Reported 11 months ago
JC Parets from All Star Charts highlights the futility of going against the Dow Breadth and the effectiveness of embracing this approach in simplifying market analysis. By focusing on the direction of the 30 stocks in the index, investors can gain insight into the overall market trend. Parets stresses the importance of tracking these 30 stocks regularly to gauge whether they are moving up, down, or sideways, as a fundamental strategy in understanding market direction based on historical trends.
Source: YAHOO