Just over two months ago the Zweig Breath Thrust (ZBT) generated a rare buy signal. In the interim I have enjoyed the positive feedback given the stock market’s impressive gain. After the past ...
Stocks triggered a Zweig Breadth Thrust signal on Thursday, a rare indication of surging market breadth that, over the last 80 years, has been a reliable predictor of the stock market's direction.
Last week's Zweig Breadth Thrust, or ZBT, increases the likelihood that the stock market will be higher than today in coming months - but don't get carried away. The ZBT is a technical indicator ...