SPY Advance - Decline data for 2014 through 2016 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

SPY 684.84

+0.6%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rimshot who wrote (110)	7/16/2020 9:15:48 AM
From: rimshot	Read Replies (2) of 1118

S&P 500 cumulative net Advance-Decline line printed a new record high today Wednesday July 15, 2020 by a small margin over the prior record high stockcharts.com the $SPX price action daily RSI-14 is notably negatively divergent vs. the $SPX June price high and the RSI level at that time stockcharts.com the July 15 A-D line new record high by a slim margin more likely represents bullish confirmation than any other technical condition relevant to S&P 500 index price action and Advance-Decline action in the future ... at least one yearly of the 2010 through 2012 swing highs for $SPX coincided with bounce highs for the S&P 500 index A-D line, so the new record is not always a reliable bullish confirmation, in terms of a trader relying on no imminent large correction to immediately** follow Important note -- upside A-D line follow through is a must going forward to support the future bullish case for $SPX price action

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next