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Strategies & Market Trends : General market lab and commentary -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (428)5/22/2016 9:16:54 PM
From: Robohogs  Read Replies (1) | Respond to of 668
 
Either my formulas have bugs (will check later) or Y Finance calcs for moving averages are terrible. We are actually approaching 50% of XBI components above the 50 SMA. I think I quoted data closer to 40% earlier in the weekend. We are approaching 25-30% above the 200 SMA, which is similar. The stocks above the 50 SMA is a negative divergence with price as it has been coming down even as price made a higher low. The stocks above 200 SMA confirmed higher prices. Cum A/D confirmed the higher low.

Jon