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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 (110)6/27/2020 6:57:06 PM
From: rimshot  Respond to of 1118
 
QQQ to SPY daily ratio prints new multi-year high in the week ending June 26, 2020

daily chart - QQQ to SPY ratio is located at the bottom --

stockcharts.com




To: rimshot who wrote (110)6/27/2020 7:58:08 PM
From: rimshot1 Recommendation

Recommended By
rcksinc

  Respond to of 1118
 
Advance-Decline Percent vs. zero line for four indices --

stockcharts.com

* firmly bearish for index price action while the A-D Percent resides below the zero line, which
is the case for the four indices as of June 26



To: rimshot who wrote (110)7/16/2020 9:15:48 AM
From: rimshot  Read Replies (2) | Respond to of 1118
 
S&P 500 cumulative net Advance-Decline line printed a new record high today Wednesday July 15, 2020 by a small margin over the prior record high

stockcharts.com

** the $SPX price action daily RSI-14 is notably negatively divergent vs. the $SPX June price high and the RSI level at that time

stockcharts.com

the July 15 A-D line new record high by a slim margin more likely represents bullish confirmation than any other technical condition relevant to S&P 500 index price action and Advance-Decline action in the future ... at least one yearly of the 2010 through 2012 swing highs for $SPX coincided with bounce highs for the S&P 500 index A-D line, so the new record is not always a reliable bullish confirmation, in terms of a trader relying on no imminent large correction to immediately follow

Important note -- upside A-D line follow through is a must going forward to support the future bullish case for $SPX price action