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 685.66

+0.2%

Dec 5 4:00 PM EST

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To: rimshot who wrote (320)	2/27/2021 4:19:37 PM
From: rimshot	Read Replies (1) of 1118

here is the RSP Point & Figure chart, especially relevant now that RSP recently printed a new all-time record price high - this chart will be useful vigilance in the coming weeks / months since it represents the Equally Weighted version of SPY - c.stockcharts.com chart #2 - S&P 500 daily cumulative net Advancers minus Decliners line - * the A-D line customarily briefly touches or violates its 200-day EMA only as a setup for highly probable V-bottom price action, or if the cumulative net A-D line holds for multiple days or weeks below its 200-day EMA there exists sinister index internals in play that keep price action in limbo about how long before upward movement reappears for the price action stockcharts.com

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