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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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ajtj99
To: rimshot who wrote (731)9/5/2022 12:32:51 PM
From: rimshot1 Recommendation  Read Replies (3) of 1309
 
S&P 500 daily cumulative net # of Advancers minus # of Decliners line now rests
near the A-D line's rising 200-day exponential moving average, which represents
one important & reliable bull vs. bear dividing metric for the US equity market

stockcharts.com

high vigilance going forward relative to this metric is a priority for both investors and for short-term market timers

NYSE daily cumulative net Advance-Decline line now rests
firmly below the A-D line's declining 200-day exponential moving average,
for both the net # of NYSE issues and for the net quantity of NYSE volume -

stockcharts.com

SPY weekly price bars chart displaying the Full Stochastic now in sell-the-price rallies mode -

stockcharts.com

Note - the specific Full STO setting is selected as a result of reading every
Technical Analysis book written in the last 25 years by Jea Yu, math wizard
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