SPY Advance - Decline data for 2014 through 2016 Message Board

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

SPY 670.31

-1.1%

Nov 6 4:00 PM EST

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To: rimshot who wrote (211)

12/23/2020 10:17:42 AM

From: rimshot

Read Replies (3) of 1118

foretelling the probable future SPY price direction in advance of the directional shift taking place:

SPY daily - using the 15,2 Bollinger Band setting for optimal timing to spot potential directional reversals

stockcharts.com

* an Important chart each day is the SPY daily with 15,2 Bollinger Band
for optimal sensitivity at potential turning points
and including Carl Swenlin's most basic daily Advance-Decline & Price Momentum
indicator set :

for identifying in advance of price changing direction
any Negative Divergent lower high or highs
or
any Positive Divergent higher low or lows Advance-Decline or Momentum levels
vs.

the price pattern levels that actually form in each period of time

=================================================

daily SPY, $OEX and IWM price action with 21,2 Bollinger Bands
and
within the context of the $SPX vs. $OEX daily closes ratio

* bulls over the decades generally are favored with actual upward Staying Power
when there exists increasing price advance participation
by the greatest number of the 500 stocks comprising the S&P 500 index

stockcharts.com

Message #209 from rimshot at 12/21/2020 4:00:25 PM

the recent 7 $SPSUPX weekly price bars 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 --

** this big time Negative Divergence may eventually matter **

================================================

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 $SPSUPX chart -

* notice the lower highs pattern over several months by the weekly RSI-10,
which represents an important Negative Divergence vs. higher highs price pattern

stockcharts.com

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