The Final Bar

Top Five Charts of 2023 #3: Market Breadth Indicators

David Keller

David Keller

President and Chief Strategist, Sierra Alpha Research

In the third of a five-part special series on StockCharts TV's The Final Bar, Dave breaks down three market breadth indicators that tell the story of market conditions in 2023. By analyzing the S&P 500 Bullish Percent Index, the percentage of stocks above their 50-day moving average, and the McClellan Oscillator, we'll show how narrow leadership trends in early 2023 transitioned to a much broader advance in the fourth quarter. Most importantly, we'll share some signals we're looking for in early 2024!

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This video originally premiered on December 20, 2023. Watch on our dedicated Final Bar page on StockCharts TV, or click this link to watch on YouTube.

New episodes of The Final Bar premiere every weekday afternoon at 4pm ET. You can view all previously recorded episodes at this link.

David Keller
About the author: , CMT is Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor. David is also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients. Learn More