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 686.96

-0.1%

4:00 PM EST

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To: rimshot who wrote (549)	7/30/2021 12:35:44 PM
From: rimshot	of 1118

the McClellan Summation index for multiple US indices are actually holding back above their 5-day EMA for multiple days this week, so today's & Monday's close for these metrics could be useful if the going forward updates actually negate the current improvement relative to the 5-day EMA the dominant & actionable item using McSum: *price action eventually follows the direction of the McSum, with* the exception of brief divergences McSum shown for 4 indices - stockcharts.com * the current multi-month Negative Divergence by the overall downward direction of the McSum's vs. advancing price action is not all that rare when considering decades of comparison for the two

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