This signal has a good track record of indicating double digit gains 3-, 6-, and 12-months out.
According to Dr. Zweig a Breadth Thrust occurs when, during a 10-day period, the Breadth Thrust indicator rises from below 40 percent to above 61.5 percent. A “Thrust” indicates that the stock market has rapidly changed from an oversold condition to one of strength, but has not yet become overbought.
Dr. Zweig also points out that there have only been 14 Breadth Thrusts since 1945. The average gain following these 14 Thrusts was 24.6 percent in an average time frame of 11 months. Dr. Zweig also points out that most bull markets begin with a Breadth Thrust.
I'm sharing this information only out of courtesy, mainly for the small number of posters here that actually make useful posts.
I will also mention that the S&P 500 A/D line hit a new high for the year today.