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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 (40)	8/5/2014 4:18:27 PM
From: rimshot	Respond to of 1118

SPY daily chart comment for the Tuesday August 5th close - * the 65-day sma was firm resistance for today's bounce high at $193.60 and we closed Red today by nearly 1% shown below is the NYSE Composite index daily closes chart - today is the first daily close below the 50,2 lower Bollinger Band since early February 2014 and since June 2013 ... such a chart event is rare since 2009, and the chart context for this +2 standard deviations below the 50-day moving average needs to be considered FYI - the prior two such events below the lower BB were immediately followed by sustained price advances off the major pullback low printed in Feb. 2014 and June 2013 ... will it be different this time? if it is different this time, high vigilance will be required Now RE: the repeating V-bottom price structure since Sept. 2010 which includes more than 40 V-bottoms and approx. 7 comples bottoms using the SPY daily closes chart

To: rimshot who wrote (40)	8/8/2014 5:58:53 PM
From: rimshot	Read Replies (2) \| Respond to of 1118

S&P 500 Advance - Decline daily: * time will tell if this one-day bounce today off the A-D June pullback low region actually holds