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

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To: rimshot who wrote (165)11/16/2020 11:16:36 AM
From: rimshot  Read Replies (2) of 1118
 
$SPX daily closes chart is now briefly constructive for the bullish case when
looking left toward the September 2020 price levels ... bulls must
see price action remain at the newly elevated levels to have any
degree of upward Staying Power as a high probability future outcome -

stockcharts.com

* the next three to five weeks of daily closes will be important to the long-term
technical development of this chart

* XLY Consumer Discretionary Spyder remains slightly below its October 2020 daily close high at this moment on November 16 late morning,
and the continued bullish case for $SPX will be improved once this chart condition resolves
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