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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 (56)	10/18/2014 10:19:05 AM
From: rimshot	Read Replies (2) \| Respond to of 1118

the October 16th intraday price highs for the NYSE and for SPY experienced Rejection at levels below the 10-day ema shown as the red moving average in the lower elements of the daily chart shown below ... the NYSE has not printed price action above its declining 10-day ema since September 22, and the bullish case requires such an event in the future * the NYSE # of Declining Issues and # of Advancing Issues display a plot of their 8-day moving average which now resides at levels requiring much improvement to confirm a lasting bullish trading bias * note at this moment, the SPY 100-day moving average = $195.34, which is a large distance above the current price action ( the 100-day moving average violation represented a major sell trigger during the recent price decline )