The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Stocks

IT Breadth Momentum (ITBM) and IT Volume Momentum (ITVM) Top – Participation Draining

by admin February 8, 2025
February 8, 2025
IT Breadth Momentum (ITBM) and IT Volume Momentum (ITVM) Top – Participation Draining

We are currently in a declining trend in the market and internals are telling us that this weakness will continue to be a problem. Our primary indicators in the short- and intermediate-term have topped with one exception. The Swenlin Trading Oscillators (STOs) started down on Thursday and the STO-B continued to fall Friday. The STO-V interestingly turned up, but we wouldn’t get too excited.

The intermediate-term indicators, the ITBM and ITVM, topped and are moving down. It was an eye test on the ITBM on Thursday as to whether it had indeed declined. We checked and it had. Just another reason to look for more market decline.

Participation is leaking from the market. As price has started to turn over, so has participation. We note that participation readings of stocks above key moving averages shows declining trends which confirm near-term weakness.

The Silver Cross Index measures how many stocks have a 20-day EMA above the 50-day EMA (a Silver Cross). It is trying to top right now. We have a declining trend from the October top. With participation sinking, it won’t be long before this indicator tops too.

The Golden Cross Index measures how many stocks have a 50-day EMA above the 200-day EMA (a Golden Cross). That indicator has stagnated and is currently in decline below its signal line. Deterioration is visible on this chart.

Conclusion: We have a short-term declining trend in the market and failing internals. The ITBM/ITVM are declining, along with the STO-B. It is going to be very difficult for price to move higher when fewer stocks are participating.


The DP Alert: Your First Stop to a Great Trade!

Before you trade any stock or ETF, you need to know the trend and condition of the market. The DP Alert gives you all you need to know with an executive summary of the market’s current trend and condition. And it covers more than the market! We look at Bitcoin, Yields, Bonds, Gold, the Dollar, Gold Miners and Crude Oil, and for only $50/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!


Learn more about DecisionPoint.com:


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!


Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


(c) Copyright 2025 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


0
FacebookTwitterGoogle +Pinterest
previous post
President Trump says ‘we will have relations with North Korea’; it’s a ‘big asset’ that he gets along with Kim
next post
Top 10 Charts to Watch for in February 2025

Related Posts

Small Caps Join The Party — Here’s a...

March 5, 2024

Bearish Engulfing Patterns Forming on NVDA & MU

June 23, 2024

Nasdaq DROPS on Weak AMZN, TSLA & GOOGL...

February 9, 2025

Master The Most Underutilized Options Income Strategy: Cash-Secured...

May 16, 2024

Is the S&P 500 Flashing a Bearish Divergence?

June 14, 2025

Should You Buy Roblox Stock Now? Key Levels...

July 3, 2025

Equities Hold Firm in “Go” Trend as Industrials...

September 4, 2024

Small-caps Break Out and Lead – Now What?

July 19, 2024

Stock Market Ends Week on Optimistic Note, With...

May 25, 2024

Small-caps Trigger Bearish, but Large-caps Hold Uptrend and...

March 1, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

      August 10, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      August 10, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      August 10, 2025
    • Sydney Sweeney jeans controversy making advertising great again

      August 10, 2025
    • Nagasaki mayor issues chilling warning on 80th anniversary of atomic bombing

      August 10, 2025
    • Kash Patel celebrates major FBI achievements and record seizures during Trump’s first 200 days in office

      August 10, 2025

    Categories

    • Business (1,330)
    • Politics (4,206)
    • Stocks (1,577)
    • Uncategorized (45)
    • World News (1,323)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved