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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 (47)9/27/2014 11:53:41 AM
From: rimshot  Read Replies (2) | Respond to of 1118
 
history since 2010 for the S&P500 breadth & volume A-D lines vs. their 50-day ema:

* V-bottoms for price and breadth commonly arise after the 50-day ema is downside violated by the breadth A-D line, and complex bottoms have a signature of more than a few days below the 50-day ema




To: rimshot who wrote (47)9/28/2014 11:51:03 AM
From: rimshot  Read Replies (3) | Respond to of 1118
 
current price vs. the 50-day sma, as of Friday September 26:

Summary: what stands out is that the breadth A-D line for the S&P500 has recently seen a 1-day violation of its July high and a 1-day bounce now slightly above the July high, while the S&P500 and the OEX price action remain below their highest July high and only slightly above their 50-day sma. The S&P500 volume A-D line remains below its July high, which is bearish confirmation by this metric while this condition lasts. These chart conditions combine to increase the future directional uncertainty, which means more time is required for clarity. Note the upside 50% retracement level for the recent SPY decline into the September 25th lower low was not approached by the intraday high during September 26. And a bearish trading bias will be improved to actually see a future price rejection below the upside 61.8% retracement level especially if that rejection occurs near or below the 50% level.

NYSE Common - below 50-day sma

NYSE all issues - below

COMPQ - slightly above

Nasdaq 100 - above

S&P500 - only 6 points above the 50-day sma

OEX100 - only 6 points above

DJIA - above

Midcap - below

Small cap - far below, and resting near the lower daily 50,2 BB

WLSH 5000 - slightly below

XLK - only 19 cents above

XLF - above

XLV - far above

XLY - slightly below

XLI - only 1 cent below

XLE - far below, and resting near the lower daily 50,2 BB

XLP - above

XLB - above

XLU - below

* WLSH 5000 daily chart with the breadth and volume A-D lines:

it is important to note the August low for the breadth A-D line remains nearby, and the 1-day test
of the August low for the breadth A-D line has technical merit while this condition lasts




To: rimshot who wrote (47)10/1/2014 12:14:45 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
the NYSE Common Stocks only breadth A-D and volume A-D lines are now approaching their
200-day ema's, as of September 30:




To: rimshot who wrote (47)10/30/2014 7:34:09 AM
From: rimshot r2d2  Respond to of 1118
 
S&P 500 breadth A-D line
has advanced this week to
rest very near it's late August
high level, at which point
a slight downside reversal is
now underway ...
see the chart in Post 47

* this breadth A-D location
has technical merit as the
potential launch for a lasting
downside reversal by the S&P 500
Breadth A-D and price action.