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 (59)10/2/2014 11:24:35 PM
From: rimshot  Read Replies (3) | Respond to of 1118
 
The daily S&P500 McClellan Summation index value rests at +74 as of October 2, 2014.

This represents the third potential test of the McSum zero line region in 2014 -- Feb, Aug, and October.

Since the McSum chart event is underway for the S&P500, it is prudent to consider
the Thrust/Trend Timing Model for the S&P500 Equally Weighted ETF ( RSP ):

"THRUST/TREND TIMING MODEL: These charts contain all the elements of the Thrust/Trend Model
(T/TM) for the market index shown.The Thrust Component consists of the PMO and PMM
Percent Buy Index. The 20- and 50-EMA relationship drives the Trend Component.
The 50- and 200-EMA relationship drives the Long-Term Component." - StockCharts.com

* compare the October declining levels for the indicators vs. the August and February indicator lows -




To: rimshot who wrote (59)10/5/2014 11:33:21 AM
From: rimshot  Respond to of 1118
 
WLSH 5000 60-min chart:

* the lower price highs and lower lows are marked with
green and red horizontal lines

the bearish trading bias is alive while price remains
below the September 24th intraday high marked with the
upper dashed green horizontal line

(additional NOTE: September 24th = the lower price high date for SPY )




To: rimshot who wrote (59)10/5/2014 12:04:13 PM
From: rimshot  Read Replies (2) | Respond to of 1118
 
ITBM and ITVM chart status as of Friday October 3, 2014:

38 of 38 indicator values remain below their 10-day ema, which
means the bearish condition for the ITBM and ITVM has not been
negated.

"The IT Breadth Momentum Oscillator (ITBM) presents an intermediate-term view of the trend and bias of the daily advances minus declines. The IT Volume Momentum Oscillator (ITVM) is calculated the same as the ITBM except that it uses advancing and declining volume." - StockCharts.com

* The indicators are bearish when declining below the 10-ema, which is the current condition.

NYSE Common - below 10-day ema for both the ITBM and ITVM

NYSE all issues - below

COMPQ - below

Nasdaq 100 - below

S&P500 - below

OEX100 - below

DJIA - below

S&P 400 Mid cap - below

S&P 600 Small cap - below

WLSH 5000 - below

XLK - below

XLF - below

XLV - below

XLY - below

XLI - below

XLE - below

XLP - below

XLB - below

XLU - below

* S&P500 Index daily chart with the ITBM and ITVM indicators:

Note the PMO rests only slightly below the zero line at this time

the selected setting for the daily Bollinger Band is 65,2 ... price
now rests below the 65-day sma