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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 (32)7/1/2014 1:55:16 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
# of new highs, daily chart:

* I used the 92 new 52-week highs from mid-November to compare to the
early June 2014 net # of new highs for the S&P 500 index minus the # achieved
by the S&P 100 index ( OEX ) ...

NOTE - as price action today is now reaching higher highs, let's be vigilant how the # of new 52-week
highs compares today and in the future to the 92 number .. an ongoing Negative Divergence since the early
June peak for the # of new 52-week highs will not be constructive for the price action's sustainable bullish case

this chart updates after each day's market close




To: rimshot who wrote (32)7/29/2014 7:34:44 AM
From: rimshot  Respond to of 1118
 
the XLF price action requires close vigilance now by US market bears & bulls ... considering
the price structure from March 2014 through July 28, 2014 :

daily XLF chart -

* note the daily RSI-14 has resided between the 50 to 60 levels for the majority of July 2014, so no clear
directional daily RSI change has been chosen in recent days




To: rimshot who wrote (32)8/2/2014 8:22:56 AM
From: rimshot  Read Replies (3) | Respond to of 1118
 
the S&P 1500 Advance-Decline line violates its April/May breakout level which was firm resistance for multiple taps on the way up ...

* violating a prior major breakout level negates the bullish price structure for this chart which requires high vigilance now
whether this brief breakout negation event actually holds in the future:
(monitor the April 2014 low and the January high for potential next downside targets
and important chart data points)

and the S&P 1500 Advance-Decline violates its prior July 2014 low





XLF, XLE, XLB, XLI Advance-Decline lines violate their June breakout levels:


the Advance-Decline lines for five selected S&P 500 sectors are shown in the daily
chart below

* I am watching whether the A-D lines for all the S&P 500 sectors actually hold
their location above or below the June high