SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 670.92+0.1%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rimshot who wrote (468)5/10/2021 6:30:23 PM
From: rimshot  Read Replies (1) of 1118
 
4172.00 = /ES day low, Monday May 10, 2021 - which resides within the 4159.75 to 4189.50 "accepted fair market value" price zone
4238.25 = /ES day high & new record high printed in the overnight Globex session

/ES 4165.51 = 21-day SMA updated soon after the May 10 cash market close
$SPX 4173.08 = 21-day SMA

$SPX daily closes chart showing the prior lows for the
21,2 BandWidth compared to the BandWidth closing value on Thursday May 6, 2021
and showing the daily New Highs minus New Lows Differential Percentage for four indices -

stockcharts.com

* the 21,2 daily BandWidth now resides in the region of prior BandWidth lows
in recent years

*** John Bollinger, CFA, CMT writes in his Bollinger on Bollinger Bands book that
often, though not always, the 1st directional move out of a Bollinger Band narrowing event is a
brief "false" move
and the eventual directional move is in the opposite direction ***

Message #468 from rimshot at 5/8/2021 1:16:05 PM

data review as of May 7 close: the /ES Volume Histograms' size
Summary: 4159.75 to 4189.50 zone = the currently "most" accepted fair market value
determined by market participants, using the 10-day look back at the Volume Histogram size

at each /ES price level

4220.88 = /ES daily 21,2 upper Bollinger Band value, as of May 7 close
4161.11 = 21-day SMA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext