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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 670.92+0.1%4:00 PM EST

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To: rimshot who wrote (205)12/21/2020 4:00:25 PM
From: rimshot  Read Replies (1) of 1118
 
the recent 7 weekly $SPSUPX weekly candles are worth a gander, for what they potentially foretell

66.03 = current value of the weekly RSI-10 for the $SPSUPX, and the RSI is pulling back briefly now
from its recent bounce high ... which followed a pattern of 3 periods
of lower RSI bounce highs in many many months that accompanied the
new record price high for $SPSUPX --

big time Negative Divergence may eventually matter
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Message #205 from rimshot at 12/21/2020 10:32:19 AM

S&P Composite 1500 index daily chart, now testing the prior intraday low printed a few weeks ago ... will the prior low hold?

stockcharts.com

829.06 = 15,2 lower Bollinger Band value at this moment .. will price decline below the LBB?

830.81 = today's low so far, Monday morning December 21, 2020

838.03 = 5-week simple moving average value at this moment, and
bulls need price action to achieve a lasting hold above the rising 5-week SMA

weekly chart -

stockcharts.com
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