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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (22)6/24/2014 8:32:34 PM
From: rimshot  Read Replies (2) | Respond to of 1118
 
the S&P 500 " % of components with rising PMO " metric
remains relatively weak since its early June 2014 peak ...
and this negative divergence
vs. the SPY price action higher highs pattern in June
is a serious caution for the near-term bullish case:

daily chart -




To: rimshot who wrote (22)6/26/2014 9:10:44 AM
From: rimshot  Respond to of 1118
 
the Banking Index daily chart since 2010 shows
a current horizontal consolidation at the upper price
range

* XLF is trying to hold its marginal
horizontal breakout achieved last week/this week vs.
the early June 2014 intraday high ... a lower
breakout value of more importance represents
a major bull/bear dividing line for any future pullbacks

* the chart requires close vigilance this summer




To: rimshot who wrote (22)6/26/2014 9:42:31 AM
From: rimshot  Respond to of 1118
 
the 10-week ema represents the very near-term support
during future declines for the various S&P 500 sectors shown
in these 3 charts which display a total of 15 sector symbols below
the SPX main chart body:

* XLF financials & XLK technology comprise approx. 37%
of the weighted S&P 500 index, and are key sectors to monitor

XLB, XLE, XLF and others -



XLI, XLK and others -



XLV healthcare & other biotech funds -




To: rimshot who wrote (22)6/29/2014 7:55:22 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
Negative Divergence caution for bulls which needs to eventually resolve by
seeing the XLF A-D line actually break above its prior high:

the XLF Advance-Decline line continues for several weeks
to lag the recent horizontal breakout chart events by the Advance-Decline lines for
the SPX # of symbols and for the S&P 500 volume:

daily chart - see the XLF A-D line at the bottom of this chart