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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (737)9/7/2022 7:19:07 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

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2,442 = closing value for today's September 7, 2022 -
# of NYSE Advancing Issues, conformed by StockCharts to equal the WSJ statistic

73% of the NYSE Total # of Active Symbols today

stockcharts.com

* bears rule only while the # of NYSE Advancing issues
divided by the # of NYSE Total Active Symbols rests below the 50% level

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

S&P 500 daily cumulative net A-D line now rests back above its 200-day EMA for day #1 -

stockcharts.com

* bulls need the S&P 500 A-D line, at a minimum, to hold above its 39-day EMA for a # of weeks
OR
any price and breadth advances are likely to be temporary

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

3,982.06 = S&P 500 index 63-day simple moving average current value,
as of September 7, 2022 close

stockcharts.com





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