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 (45)9/27/2014 11:17:42 AM
From: rimshot  Read Replies (4) | Respond to of 1118
 
breadth A-D lines vs. their August low, as of Friday September 26:

Summary: what stands out is that the A-D line for the S&P500 has recently tested and slightly
held its July high, while the $OEX, XLK and XLF remain a good distance above the July high
for their breadth A-D lines

NYSE Common - August A-D low not violated

NYSE all issues - not violated

COMPQ - violated

Nasdaq 100 - not even close to the August A-D low

S&P500 - not even close to the Aug low / now near the July high and violated it on Sept. 25

OEX100 - not close to Aug low / above July high/ above Aug high

DJIA - not close to Aug low / a distance above July high

Midcap - Aug low not violated

Small cap - violated

WLSH - near the August A-D low

XLK - a distance above July high and August low

XLF - a distance above July high and August low



To: rimshot who wrote (45)9/28/2014 10:19:14 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
the current daily values for the NYSE New Highs minus New Lows
reside at the lowest levels seen during 2014, and represents bearish
evidence for price action until back above the zero line on a continuing
basis:

* examine the multi-year history for this evidence to determine its
reliability as a trend confirmation tool