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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 (50)9/28/2014 12:45:08 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
3-year history for the daily NYSE new highs minus new lows is shown at the bottom
of this chart ( NYHL ):

* bearish evidence exists while the NYHL remains below its zero line at the same time
the NYSE Composite index remains below its 89-day ema, while at the same time
V-bottoms have previously originated from these conditions in recent years. Be vigilant
regarding the future price outcome from these current potential V-Bottom conditions ...
any future evidence the prior upside price outcome is not being repeated will represent
a powerful bearish clue in the early stages of a potential long-lasting declining sequence