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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 690.270.0%Dec 26 4:00 PM EST

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To: rimshot who wrote (531)7/15/2021 12:39:03 PM
From: rimshot  Read Replies (1) of 1118
 
RSP 60-minute chart displays today's four price bars fully or partially
below the 60-min 200-period SMA which condition in the majority of cases
confirms the initiation of a multi-day price decline for SPY / $SPX

stockcharts.com

* 3 price bars have closed below the 200 SMA, with the current bar ongoing

** bears must see the RSP actually hold below the 60-min 200 SMA for multiple hours / days

Source - Stockcharts 60-min chart using 6.5 hours price action per trading day
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