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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 694.07-0.2%4:00 PM EST
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To: rimshot who wrote (48)10/2/2014 7:31:55 PM
From: rimshot   of 1118
 
SPY weekly chart & weekly RSI-7 vigilance:

1. the RSI-7 is recently below the prior multi-year lows, so this week's and next week's RSI-7 closing value will
be especially instructive

2. SPY price action remains below the 15-week sma and below the 21-week sma, which is bearish
confirmation while this condition lasts ... the rarity of weekly closes below the 21,2 BB mid line is readily
evident

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