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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: rimshot who wrote (59)10/2/2014 11:24:35 PM
From: rimshot  Read Replies (3) of 1118
 
The daily S&P500 McClellan Summation index value rests at +74 as of October 2, 2014.

This represents the third potential test of the McSum zero line region in 2014 -- Feb, Aug, and October.

Since the McSum chart event is underway for the S&P500, it is prudent to consider
the Thrust/Trend Timing Model for the S&P500 Equally Weighted ETF ( RSP ):

"THRUST/TREND TIMING MODEL: These charts contain all the elements of the Thrust/Trend Model
(T/TM) for the market index shown.The Thrust Component consists of the PMO and PMM
Percent Buy Index. The 20- and 50-EMA relationship drives the Trend Component.
The 50- and 200-EMA relationship drives the Long-Term Component." - StockCharts.com

* compare the October declining levels for the indicators vs. the August and February indicator lows -

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