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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (10493)10/30/2020 1:27:54 PM
From: rimshot3 Recommendations

Recommended By
ajtj99
Mevis
The Ox

  Read Replies (1) | Respond to of 97353
 
I am strongly leaning toward a belief that the ideal bear trap setup exists
while we spend zero time or no more than 1.8 days below the 319.xx dividend
adjusted look back price history evident on the SPY chart

watch the NYSE advances count and decliners count at each day's close conformed
to the WSJ end of day stats

so far, this is bear trap ..nothing more ...that will change if the counts worsen and worsen by a large margin...the # of Decliners simply is not telling us anything other than this is an ordinary
correction within a bullish set of internals for every index and exchange ... you already know I am looking
at daily A D counts for other exchanges and indices besides the NYSE all issues data set

if you want a service that massages all this and provides you conclusions from the various A-D data sets, Dave Breslaw has one version of his few products that provides the charts without his mentoring combo. Find him at TechnicalWatch.com. He is using quality data for producing charts that are based on custom data ...the charts are produced using Excel or some software like that from the collected data for the NYSE for the American exchange, for on and on and on

you may also want to write to bbands@gmail.com and tell John Bollinger I have requested you to be added to his New Market List ( it uses an email server ), and you will then have access to Ralph Vince who is anal about using quality data and he has a public access portal for free I believe to look at this data. Tell John that hiker in Idaho recommends you be added to the membership of his New Market List, which is primarily technical Pro's but most of the talk does not reveal the edge each individual or firm employs. I only bring this up so you can independently be exposed to what Ralph Vince does.



To: ajtj99 who wrote (10493)10/30/2020 1:49:46 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97353
 
5% and 10% trends, as Mr and Mrs Sherman McClellan educated technical Pro's over the decades is what is
important when looking at the AD data sets

888888888888888888888888888888888888888888

the 19 and 39-day EMA's for each exchange or index cumulative net Advancers minus Decliners line

needs to reside below the 200-day EMA for this to become something that is confirmed
by the AD data sets as sinister for the potential eventual recovery of bullish behavior
for the various index price actions which comprise the US equity market

19 first declines and holds below the 39
19 then declines and holds below the 200
39 then declines and holds below the 200

NONE of the exchanges or index cumulative net A-D's now reside below their
200-day EMA by the respective A-D line, as of the Thursday October 29th close ... and in the above
I am speaking to the 19 or 39 also declining below the 200-day EMA for the cumulative net A-D data sets

there exists the Decision Point default chart packs you can upload at SC with one click, and you will have all
of their version for these data sets