SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (43)10/2/2014 1:51:43 PM
From: rimshot1 Recommendation

Recommended By
nasaravi

  Respond to of 1118
 
chart #1 - the NYSE cumulative breadth A-D line today is attempting to hold the August 2014 low level on this first test from above, while the cumulative volume A-D line has resided below its August low for several days ...
vigilance is now required at the moment of any future retests from above, whenever they occur in the coming days/weeks

see the top of this daily NYAD chart for the breadth A-D line August low marked with a a red horizontal line:

* you will notice that very early today, the SPY price action failed to hold the attempted advance back
above its 100-day sma ... today represents the second bounce attempt that actually reversed
at or slightly above this moving average since the final 20-minutes of the October 1st cash market.



chart #2 - the daily NYSE Composite index price action, and the lower chart elements show
the A-D line for breadth and for volume, which are marked with Red horizontal lines showing
the October 1st A-D values for future reference (these A-D lines update after each day's close):