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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 690.310.0%Dec 26 4:00 PM EST

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To: rimshot who wrote (577)8/3/2021 11:00:21 AM
From: rimshot  Read Replies (1) of 1118
 
SPY 438.08 = potential resistance level for this current bounce off the 436.10 LOD ...

bulls must surpass this level
( 438.14 bounce high, so far as of 11:00 a.m. Eastern )

based on the 60-min adaptive metric which held as support last half of prior week and
on Monday August 2 until the final 1 hour of trading, when the metric failed to provide support

value is valid for no more than 30 to 45 mins, depending on degree of price volatility coming

438.68 / 438.99 = ditto based on the 15-min chart using 2 separate adaptive metrics which
routinely apply & are actionable more than 85% of the price sequences

Message #577 from rimshot at 8/3/2021 9:48:00 AM

SPY 436.97 = next lower bull / bear divider for the current decline off 438.67 day high,
as of 9:48 a.m. Eastern

* based on the 60-minute adaptive chart metric which held Monday's LOD
seen near the end of day

** metric value is valid for no more than 45 mins, and for much less if a fast
& sharp price decline is soon seen

source: StockCharts 6.5 hours per day price action 60-min chart
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