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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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catou1
To: rimshot who wrote (298)2/9/2022 1:13:57 AM
From: rimshot2 Recommendations  Read Replies (1) of 1309
 
here is the plot for the Silver Cross condition weekly closes by five major US indices -

stockcharts.com

Silver Cross condition = percentage of the individual stocks within an index
for which 20-day EMA rests above 50-day EMA

42.4% on Feb 8 for the S&P 500 Silver Cross
42.2% on Feb 7 for the S&P 500 Silver Cross
43.0% on Feb 4 for the S&P 500 Silver Cross
vs. 44.4% = Silver Cross condition on Thursday & Wednesday last week

49.0% on Feb 8 for the S&P 100 Silver Cross
51.0% on Feb 7 for the S&P 100 Silver Cross
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