Start hereGuide 3 of 135 min read

The Dashboard, Decoded

How to read tradingtwohundred in five minutes

A dashboard can create the wrong kind of confidence. There are numbers everywhere, and each one seems to ask for attention. The tradingtwohundred dashboard is easier to use if you resist that invitation. It is built to answer one broad question: is the market move being shared by many stocks, or concentrated in a smaller group?

1. Start with the question, not the chart

The S&P 500 percentage tells you how many tracked index members are above their 200-day moving average. A high number means more stocks are above that long-term reference line. A low number means fewer are. It is not a score for whether the market is good or bad. It is a first clue about how widely the move is being shared.

2. Ask whether history agrees

Today's number needs a past tense. A 50% reading means something different if breadth just fell from 75%, recovered from 20%, or has sat near 50% for months. The historical chart gives you that missing sentence. Look for direction, range, and the moments when participation changed character.

3. Look sideways, at the sectors

Sector breadth shows where participation is strongest and weakest. If most sectors are improving together, the move has a broad base. If one or two sectors are strong while many others lag, the index may be more concentrated than its headline suggests. Neither pattern gives you a guaranteed outcome. Each tells you what deserves a closer look.

A simple reading order

  1. Headline breadth: how many stocks are above the long-term trend?
  2. History: is participation expanding, contracting, or stable?
  3. Sectors: where is the strength coming from?
  4. Distribution and crosses: do the individual signals add support or tension?

4. Use the supporting tools

The distribution chart shows how individual stocks are positioned around the 200-day average. The cross scanner tracks recent 50-day and 200-day crossovers. These tools are the close-up view. They add texture, but they should not replace the broader participation reading.

5. Use the digest for the human explanation

Charts show what changed. The weekly digest asks what those changes mean together: breadth, sectors, cross signals, and the market context around them. It is the next step when you want a compact narrative instead of another dashboard view.

What not to do

Do not treat a single reading as a prediction, and do not wait for every tool to agree perfectly. Markets rarely offer that kind of neatness. The dashboard organizes evidence. Your job is to decide which evidence matters for your timeframe and risk tolerance.


Disclaimer: Data is provided for informational purposes only and is not intended as investment advice. Always do your own research before making investment decisions. We are not responsible for any losses incurred from using this information.

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