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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 672.07-1.7%Nov 13 4:00 PM EST

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To: rimshot who wrote (277)2/16/2021 12:26:51 PM
From: rimshot  Read Replies (1) of 1118
 
$SPX daily with 126,2 Bollinger Band shows nearly all price advances in the recent 6 months
that approach or briefly surpass the upper BB are optimal selling opportunities for timing
at least the near-term price declines which follow

will this time be any different? ( 126 trading days = 6 months )

stockcharts.com

XLK daily with 63,2 BB, for priority future vigilance of all chart elements displayed,
since XLK is the largest percentage influence by any sector on the $SPX price value moment to moment -

stockcharts.com

“The only reason to be bearish is there is no reason to be bearish:” BofA fund manager survey.

The survey shows

global growth expectations at all-time high,
cash levels at 8-year low,
equity & commodity allocations at highest since 2011,
& only 13% say it's a bubble.
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