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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 676.47+0.8%Dec 18 4:00 PM EST

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To: rimshot who wrote (464)5/8/2021 11:41:23 AM
From: rimshot  Read Replies (2) of 1118
 
revised SPY weekly closes chart with the focus on the 5-week SMA -

416.30 & 412.17 are placed as horizontals
representing potential bull / bear dividers, going forward -

stockcharts.com

* note the weekly Full Stochastic as it develops

* 104.80 = May 7 prints a new multi-month high for the S&P 500
10-day MA of the New Highs minus New Lows Differential
...
and bulls want to see a continuing advance for this metric even
though "as good as it gets" is being approached
( 96.60 on May 6 and 104.80 on May 7 )

120.40 = the highest seen in January 2018
130.60 = May 2013 saw the highest level since early 2001
when StockCharts started capturing this data
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