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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 (51)	9/28/2014 2:41:15 PM
From: rimshot	Read Replies (3) \| Respond to of 1118

ITBM and ITVM chart status vs. their zero line, as of September 26, 2014: "The IT Breadth Momentum Oscillator (ITBM) presents an intermediate-term view of the trend and bias of the daily advances minus declines. Specifically, the indicator is bullish when it is rising above its 10-EMA, and in a broader sense it is bullish when it is above the zero line. The IT Volume Momentum Oscillator (ITVM) is calculated the same as the ITBM except that it uses advancing and declining volume. The indicators are also used to measure overbought/oversold conditions." - StockCharts.com Summary - the intermediate-term Breadth Momentum Oscillator and the Volume Momentum Oscillator rest in the confirmed bearish region below the zero line for a marginal majority of the symbols shown below ( 14 of the 26 indicator values reside below the zero line ). More time is required to clarify which side of the zero line the majority of these symbols will remain in the future, and note that lower lows for the Oscillators are achievable before Oversold historic norms are reached. * since the two Oscillators reside below their 10-day ema for the nine S&P500 Spyders, the bears have firm near-term control of the intermediate breadth and volume trends until this changes S&P500 -14 / 33 OEX100 70 / 109 S&P Mid cap -83 / -36 S&P Small cap -94 / -95 XLK 32 / 65 XLF 47 / 154 XLV 41 / 53 XLY -43 / -33 XLI -46 / 8 XLE -195 / -243 XLP 62 / 137 XLB -65 / -95 XLU -46 / -38 * daily ITBM and ITVM for the S&P500 index are shown below: CONCLUSION - considering all the chart elements, it is far too early to reliably predict a V-bottom price outcome will develop from the September 25th intraday price low, since price is now only marginally back above the mid line for the daily 50,2 BB and the 65,2 BB.

To: rimshot who wrote (51)	9/29/2014 11:52:14 AM
From: rimshot	Respond to of 1118

current price vs. the 50-day sma, as of 10:38 CT Monday September 29: Summary: overall, the symbols' location relative to the 50-day sma has slightly worsened since Friday's close ... for the indices and for the nine S&P500 Spyders NYSE Common - far below 50-day sma NYSE all issues - far below COMPQ - slightly above by only 8 points, which is worse than Friday Nasdaq 100 - above S&P500 - only 60 cents above the 50-day sma, which is worse than Friday OEX100 - only 3.5 points above, which is worse than Friday DJIA - above S&P 400 Mid cap - far below S&P 600 Small cap - far below, and resting near the lower daily 50,2 BB WLSH 5000 - below, the distance below has increased since Friday's close XLK - only slightly above XLF - above XLV - far above XLY - slightly below XLI - slightly below XLE - far below, and resting near the lower daily 50,2 BB XLP - above XLB - above XLU - only 1 cent below, has improved since Friday's close

To: rimshot who wrote (51)	10/2/2014 9:46:02 PM
From: rimshot	Respond to of 1118

current price vs. the 50-day sma, as of Thursday October 2: XLP, XLV and XLU reside above the 50-day price sma, while the remaining nine Spyders reside below their 50-day sma * it is noteworthy that XLY XLE XLI XLB have traveled so far down since Friday and now reside in closer proximity to the lower daily 50,2 Bollinger Band than to the BB mid line, and this condition represents bearish confirmation while below the BB mid line. * XLK XLF XLY XLE XLI XLB reside below their 10-week ema, and this condition represents bearish confirmation while below