Periodic videos presented by Princely Mathew illustrating the use of his indicators and the directional analysis/alerts they provide for the U.S. Equity Indices, GDX and USO.
EWT analyst Princely Mathew, host of The Smart Money service in our Trading Room, discusses what market internals are and how he uses them in trading.
Princely explains in this video how market internals allow you to better understand what underlies moves in the indexes by examining the data about the stocks that make up those indices. Such analysis can assist in determining whether price moves are supported by a majority of stocks or just a few stocks, enabling traders to gauge the underlying health of market and specific indices.
Princely discusses the kinds of market internals available, including the New York Stock Exchange Advance-Decline data, which gives you the sum of advancing issues minus declining issues on the NYSE each day.
Another important market internals instrument is NYSE High-Low data, which measures the number of stocks making new highs in a session minus those making new lows going back 1 month. This is data that Princely uses most in his trading.
What I love about EW is you know when things go wrong and you know when to get out of a position at minimal damage...it has helped so much in my RR work"Kenneth_Aydt" - Trading Room2019-10-03
The relief of EWT philosophy on investing has been such a gift (besides being extremely profitable) that I have to say this is the most enjoyable service offered anywhere on the internet and probably the best investment I have ever made. Thanks Avi."Talapus" - Trading Room2020-01-27
My 401K money has been protected during this, and I'm making money in little chunks in my trading accounts. And that is all thanks to Avi, HD, Garrett, Zac, and so many great members here. Sincerely, my account and my family say a huge THANK YOU to you all."Franchise" Trading Room2020-03-16
After this week's action and watching how Avi & company nailed the piss out of so many moves, you can't argue with me anymore about the efficacy of EW. . . Just amazing to have a methodology that works so well PLUS the guidance from Avi."Bcindc" Seeking Alpha2020-03-09
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