There were 58 new highs and 47 new lows in my universe of 4,000 stocks on Tuesday. Since this new QQQQ up-trend began (by my definition) 5 days ago, the QQQQ has risen 2.5% and 74% of the Nasdaq 100 stocks have advanced; 22% rose by more than 5%. The QLD has risen 5.2%. Staying on the side of the market trend greatly enhances the probability of profitable trading.
Dr Wish, your indicator times these swings without fail and lets you beat the market. Amazing.