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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 681.76-1.1%Dec 12 4:00 PM EST

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To: rimshot who wrote (373)3/26/2021 10:45:33 AM
From: rimshot  Read Replies (1) of 1118
 
$OEX 1786 to 1791 = key horizontal inflection zone, based on the most recent days' intraday price action

bearish oppt'y for sellers exists only while below this zone in its entirety
bullish only if a lasting hold above this entire zone occurs

$OEX daily -

stockcharts.com

chart #2 - daily $SPX with XLK, XLF & XLY -

* bulls need a lasting hold above the $SPX 15-day SMA & 21-day SMA ( 3895.65 = 21 day )
* XLK and XLY remain below their 50-day SMA by a decent distance

stockcharts.com
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