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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 (260)	2/6/2021 1:03:15 PM
From: rimshot	Read Replies (2) \| Respond to of 1118

$OEX daily shows the same Negatively Divergent lower highs for the # of New 52-week highs daily count vs. the new higher highs $OEX price action seen since early January 2021 ... as does the Negatively Divergent lower highs new 52-week high count vs. the higher highs seen by $SPX price action in Jan/Feb 2021 * bulls & bears need to be vigilant about the coming days ... these internals require a significant improvement to support a continued bullish case for $OEX and $SPX price action stockcharts.com $SPX daily with the # of New 52-week highs - stockcharts.com alternate daily chart since 2016 - stockcharts.com

To: rimshot who wrote (260)

2/6/2021 2:22:06 PM

From: rimshot

Read Replies (1) | Respond to of 1118

Arthur Hill, CMT - published February 5, 2021:

article Link -

stockcharts.com

excerpt

Seasonality Looks Weak, but Price Action is Strong

by Arthur Hill

The seasonal patterns over the next two months are not very strong,
but price action is strong with the S&P 500 hitting a new high.
Price action is more important than the seasonal pattern because profits and losses
are driven by price changes, not seasonal tendencies...

To: rimshot who wrote (260)	2/13/2021 5:05:05 PM
From: rimshot	Read Replies (1) \| Respond to of 1118

lower highs lasting days & weeks - for the % of the 500 $SPX stocks above their 200, 50, 20 day EMA's * which means the upward price participation is narrowing by the 500 stocks in the index, as the $SPX price action rises to higher highs -- as of Friday Feb. 12 $OEX conditions - also shows narrowing upward price participation by the 100 stocks in the $OEX index lower highs lasting days & weeks - for the % of the 100 $OEX stocks above their 200, 50, 20 day EMA's ( no new charts are included for time reasons ) * this daily chart also displays narrowing participation by the $SPX & $OEX stocks as evidenced by the lower highs for all four internals - stockcharts.com Message #260 from rimshot at 2/5/2021 6:49:37 PM daily internals for 5 indices - the percentage of stocks above their 20-day EMA within each index are: 1. recently improving as of Feb. 5, since the January 29th low for these metrics, and 2. the continued multi-month lower highs formation is potentially a mild bearish alert, until actually negated by a further advance by these internals that lasts multiple days stockcharts.com chart #2 - daily plot of related $SPX and $OEX internals vs. their 63-day SMA ( 3 months of trading days = 63 days ) * only in recent days as of Feb. 5 have the internal metrics improved their chart location relative to the 63-day SMA stockcharts.com