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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: rimshot who wrote (279)2/16/2021 6:08:47 PM
From: rimshot  Read Replies (1) of 1118
 
$SPX - % of the 500 stocks above their 20-day EMA declined today by 8% to 68.80%,
which resides below last week's low for this internal metric

** upward price participation is further narrowing by the 500 stocks in the index

$OEX - % of the 100 stocks above their 20-day EMA declined a large amount today to 69.00%,
which resides below last week's low for this internal metric


Message #279 from rimshot at 2/13/2021 5:05:05 PM

lower highs lasting days & weeks - for the % of the 500 $SPX stocks above their 200, 50, 20 day EMA's

* which means the upward price participation is narrowing by the 500 stocks in the index,
as the $SPX price action rises to higher highs -- as of Friday Feb. 12

$OEX conditions - also shows narrowing upward price participation by the 100 stocks in the $OEX index

lower highs lasting days & weeks - for the % of the 100 $OEX stocks above their 200, 50, 20 day EMA's

( no new charts are included for time reasons )

* this daily chart also displays narrowing participation by the $SPX & $OEX stocks as evidenced
by the lower highs for all four internals -

stockcharts.com

Message #260 from rimshot at 2/5/2021 6:49:37 PM

daily internals for 5 indices -

the percentage of stocks above their 20-day EMA within each index are:

1. recently improving as of Feb. 5, since the January 29th low for these metrics, and

2. the continued multi-month lower highs formation is potentially a mild bearish alert,
until actually negated by a further advance by these internals that lasts multiple days

stockcharts.com

chart #2 - daily plot of related $SPX and $OEX internals vs. their 63-day SMA

( 3 months of trading days = 63 days )

* only in recent days as of Feb. 5 have the internal metrics improved their
chart location relative to the 63-day SMA

stockcharts.com
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