2min chapter

The Compound and Friends cover image

High Conviction

The Compound and Friends

CHAPTER

The 10 Day Breadth Thrust

10 day breadth thrust is a rare signal. It's basically taking your running total past 10 days of you know advanced was declineers and when the ratio gets over to stocks going up versus stocks going down it could lead to a nice short opportunity for people waiting to short this market. The last time it happened was the bottom in March 2020 coming out of that right yes coming out of 12 months after it actually happened in May so I mean that's a pretty powerful signal.

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