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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 (301)2/23/2021 4:51:06 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
If the intraday bounce on Feb 23 holds into future days,
this will be only the 2nd time in 60 years that the S&P 500
fully reversed a 1.75% intraday loss while being so close to a 52-week high.

The other was Feb 5, 1980.

@SentimenTrader

repeat of $SPX daily, which reveals the jury remains in deliberation about the probability for future upward Staying Power -

stockcharts.com



To: rimshot who wrote (301)2/25/2021 2:43:38 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
$SPX daily chart shown below with 4 long-term moving averages, 3 of which now reside
below the recent January & February 2021 intraday price lows

stockcharts.com

* note the RSI-14 is holding below the important 60 level, so any lower price level is possible
for the future $SPX price action while the RSI-14 continues
to display Negatively Divergent lower highs when the $SPX
daily close price advances are accompanied by lower momentum indicated by RSI lower highs

( important note: during 2021, all intraday SPY price action that resides above the daily 126,2 upper BB has been sold ... 126 days = 6 months of price action )

due your own due diligence, and avoid buying into the thought selling based on supposition about the future that is going on



To: rimshot who wrote (301)2/26/2021 9:07:33 AM
From: rimshot  Read Replies (2) | Respond to of 1118
 
3855.36 = $SPX potential next upper bull/bear divider

in play for Friday Feb 26 .. bullish for more up with probable upward
Staying Power only if a lasting hold above 3855.36 occurs

3870 = next upper level, if seen Feb 26

$SPX daily closes chart with cumulative net A-D breadth & A-D volume lines for the S&P 500 index -

stockcharts.com













To: rimshot who wrote (301)3/8/2021 1:05:32 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
weekly chart with six symbols & their 156,2 Bollinger Bands ( 156 trading weeks = 3 years )

stockcharts.com

identical weekly chart for 20 years -

* not the historical norm underway relative to the price location vs. the upper BB

** minimum risk measure is the distance to the 156-week SMA

stockcharts.com

Message #301 from rimshot at 2/23/2021 1:50:47 PM

$SPX 2-hour chart with updated settings -

* the prior multi-week price low shown on the chart as a dashed red horizontal line
remains above,
and
represents potential resistance for future price bounces that approach
or briefly surpass this level, only until proven otherwise by a lasting hold above

stockcharts.com