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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 681.89+0.3%Oct 31 5:00 PM EST

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To: rimshot who wrote (952)4/24/2022 3:39:14 AM
From: rimshot   of 1118
 
six of six indices now rest below their A-D line's
5% and 10% trend Moving Averages, and
four rest below the A-D line's important 200-day EMA -

stockcharts.com

Friday April 22 eod update

====================

chart #2 shows the condition of the Silver Cross at each weekly close for 5 major indices:

weekly chart -

stockcharts.com

* S&P 500 & S&P 100 Silver Cross condition rest only slightly above their rising 5-week SMA,
while three other indices rest below their rising 5-week SMA by small amounts

meaning that, so far, only a slight amount of negative trend is evident among the indices' Silver Cross condition

time will tell if future upward repair actually takes place with some degree of directional Staying Power

Silver Cross = percentage of stocks within each index for which 20-day EMA resides above the 50-day EMA
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