This article will explain the methodology behind the ETF Grouping and Ranking report, which is published every Thursday. The idea is to group ETFs based on a combination of chart patterns and chart performance.
This video and article explain the breadth indicators used in the Index Breadth Model and the key levels used to generate signals. Stock market breadth plays an important role in broad market analysis because it reflects what is happening under the surface. Price action, in contrast, shows us what is happening on the surface.