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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 (124)	7/20/2020 9:50:23 PM
From: rimshot	Read Replies (1) \| Respond to of 1118

/ES 3196.57 = Volume Point of Control looking back 180 trading days * bullish above & bearish below /ES 3188.67 = Weekly Pivot for week ending July 24 * bullish above & bearish below /ES 3213.75 = /ES value at the time of today's cash market open =================== SPY key vigilance price levels based on daily closes in recent days/months - SPY 312.05 - bearish only if a lasting hold below 312.05 occurs, buy the dips bullish scenario was recently proven at the 312.00 intraday low and later declines have not even come close to SPY 312.05 SPY 317.05 - bearish below SPY 318.45 - bearish below, only bullish if a hold above 318.45 level SPY 321.78 - potentially bearish if future daily closes remain below, only bullish if a hold above 321.78 occurs lasting multiple days SPY 324.32 July 20 closing price - bearish only if future daily closes are below, bullish if above 321.78 prior daily close high is highlighted in chart #1 - stockcharts.com SPY daily closes chart within the context of smoothed $NYAD - stockcharts.com * note the smoothed SPY using three moving averages at the bottom of the chart ... a simple trend identification to avoid bull traps and bear traps during intraday price action, now and in the future