SPY Advance - Decline data for 2014 through 2016 Message Board

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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 682.06

+0.3%

Oct 31 5:00 PM EST

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To: rimshot who wrote (1015)	6/13/2022 11:57:33 AM
From: rimshot	of 1118

at the Friday June 10 and Monday June 13 updates, McClellan Oscillators for $NDX, $SPX and $OEX may possibly rest at absolute value levels and in addition with favorable comparisons to recent McO lows ... which could lead institutions / fund families to be less negative about the very near-term price action ... the two-day combo setup by the McO will be the key ingredient to whether significant buying action takes place, imo ... * three days or four days including last Friday as the combo McO evaluation setup may be needed for decisive actions to take place, though this is rarely what actually occurs since 2002 ( one day or two-day McO evaluation setup is the historic norm for decisive action to occur ) no time to say more, though I have provided brief explanations over the months here of what to watch with this topic

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