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Confirmation

Gain the confidence to pull the trigger.
Finding the right stocks at the right time is helpful, confirming winning trades ahead
of the pack is money in the bank. With VisualTrader, you will quickly discern where to
focus your attention and with the tools to quickly and confidently confirm your intentions, you will be miles ahead of traders using conventional software.

There are often times in the market where one key industry group or sector will lead a
major market rally or decline. Many times, the semiconductor sector or maybe even a
single semiconductor group can lead an entire technology advance. The example below
illustrates the visual representation of a key industry group reversal.

The Semiconductor Equipment group had traded sharply lower along with the rest of
the technology sector early in August 2003. However, this particular group began to
show signs of strength off the lows, as indicated by the green cylinders below the map
floor. The subsequent shots of the group show the cylinders reversing and finally
breaking above the map floor, indicating a reversal. The reversal is confirmed by the
Nasdaq Composite and the Semiconductor Index (SOX). The composite chart of the
Semiconductor Equipment group shows an 11.4% gain in just three days, which is the
average gain for the stocks within the group over this period of time. The advance
continued throughout the next few weeks and led to similar rallies throughout the
Semiconductor sector and technology in general.

The Semiconductor Equipment group is showing strength off the lows, as seen in the chart and noted by the green cylinders below the map floor.

The cylinders in the group are reversing off the lows and continue to show strength, as noted by the one cylinder finally breaking above the map floor.

Most of the stocks are now trading higher, as seen by the cylinders that have now risen above the map floor. Also, the brighter shade of green indicates continued strength.

The cylinders in the group are now very tall, indicating continued upside movement of the stocks in the group. The composite chart of the group reflects this move.

The cylinders have risen even higher and the composite chart now reflects a move of 11.4% off the lows over the course of the three day rally.
The Leading Indicator
 The Leading Indicator shows market movement across the entire Map.

 
 This feature is based on the concept that a concentration of breakouts in either direction (up or down) will tend to fuel movement in the new direction. It's essentially an indication of market breadth.

By confirming that the group you are prospecting is in synch with the broader market, you can gain the confidence to pull the trigger.