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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 (279)	2/16/2021 6:08:47 PM
From: rimshot	Read Replies (1) \| Respond to of 1118

$SPX - % of the 500 stocks above their 20-day EMA declined today by 8% to 68.80%, which resides below last week's low for this internal metric ** upward price participation is further narrowing by the 500 stocks in the index $OEX - % of the 100 stocks above their 20-day EMA declined a large amount today to 69.00%, which resides below last week's low for this internal metric Message #279 from rimshot at 2/13/2021 5:05:05 PM 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