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 690.27

0.0%

Dec 26 4:00 PM EST

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To: rimshot who wrote (350)

3/24/2021 10:04:28 AM

From: rimshot

Read Replies (2) of 1118

Larry McMillan - the Tuesday March 23 internals were terrible.
Although the major averages didn’t necessarily reflect that.

Breadth was so bad that it was almost a 90% down day (in “stocks only” terms),
and new lows outnumbered new highs (with new lows above 100 issues)
for the first time in almost a year

$NYAD - daily NYSE Advancers minus Decliners # count -

* the $NYAD daily values smoothed with 5-day & 8-day SMA achieved a new multi-month high by
both moving averages on Monday February 8,
and
bulls currently want to see the two moving averages recapture & actually hold above their zero line for
multiple days/weeks

10-day upward breadth thrusts as defined by Walter Deemer in his article titled
Breakaway Momentum 101 are extremely rare over the recent 20 years

stockcharts.com

WSJ end of day market stats for NYSE -

Tuesday March 23, 2021

Latest Close -- Previous Close -- Week Ago

Issues traded	3,379	3,380	3,368
Advances	743	1,449	1,120
Declines	2,553	1,825	2,156
Unchanged	83	106	92
New highs	60	119	227
New lows	106	30	15

daily net Advancers minus Decliners for 6 indices-

* bulls need the 3-day SMA's to steadily remain above their zero line

stockcharts.com

daily $NYAD closes chart -

* bulls need a relative absence of net Decliners each day

stockcharts.com

" If the market stages a strong two-day net Advance-Decline advance, for example, it MUST maintain
very positive breadth days for a couple of days afterwards

(Days Three-Four and Nine-Ten) to keep the declines over a 10-day period
to a minimum for a 10-day upward thrust to have optimal characteristics."

stockcharts.com

$NYA daily closes chart with $NYMO for the purpose
of $NYMO Divergence spotting vs. $NYA price action,
whether positive higher $NYMO highs or negative lower $NYMO highs
vs.
the future $NYA price pattern, as it develops -

* $NYMO lower highs negative divergence vs. the higher price highs by $NYA
has been the chart observation since early February 2021

stockcharts.com

NYSE "operating companies only" daily net A-D values -

* a common bullish characteristic for the index price action is in play only when the A-D line
actually prints continued upward Staying Power

stockcharts.com

daily # of new Highs & new 52-week price lows for the NYSE -

stockcharts.com

daily # of Nasdaq new 52-week highs -

stockcharts.com

daily # of S&P 500 new 52-week highs -

stockcharts.com

daily # of S&P 100 new 52-week highs -

stockcharts.com

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