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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 683.21+0.2%Jan 2 4:00 PM EST

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To: rimshot who wrote (707)9/24/2021 2:46:39 PM
From: rimshot   of 1118
 
the Percentage of the 500 S&P stocks which reside
above their Carl Swenlin Price Momentum Oscillator zero line remains below 50%

* SPY bulls need to see continued improvement in this metric

stockcharts.com

the duration below the PMO zero line was below 50% for an extended period during March / April 2020

same chart with longer duration -

stockcharts.com

PMO explained -

school.stockcharts.com
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