To: rimshot who wrote (363 ) 3/20/2021 11:49:04 AM From: rimshot Read Replies (1) | Respond to of 1118 SPY 384.13 = 50-day SMA , as of Friday March 19 close, for future vigilance SPY 21-day SMA provided precise support for the March 19 intraday low, and will this moving average support exist during the next decline? chart #1 - SPY daily shown below with analysis of the ROC25 moving average crossover for directional confirmation pointing to whether or Not we now see probable future upward OR downward Staying Power by the ROC25 and by SPY price action stockcharts.com chart #2 - as of the March 12 close , the S&P 500 cumulative net Advancers minus Decliners line resided at or very near the customary decline initiation level as evidenced in the history visible for the A-D line's 50,2 %B and 21,2 %B * the March 12 count of net Advancers minus Decliners was a positive 198 count , FYI for look-back purposes stockcharts.com =======================================================SPY triple-top price formation now in play as of the March 19 close , until proven otherwise ... sellers are consistently in control of the upper reaches of the SPY daily price chart from February 16 through March 19 , a period of net distribution, and further distribution evidence exists via the $OEX daily volume stick actually printing a multi-month high during negative $OEX price action on Friday March 19: SPY ____ to _____ - 16-hour high & low - Tuesday Feb 16, 2021 vs. SPY _____ Thursday March 11, 2021 intraday high vs. SPY 396.82 Wednesday March 17, 2021 intraday high chart #3 - $OEX is seriously lagging the SPY / $SPX for the entirety of the $SPX March price advance , which represents an important negative divergence until proven otherwise by actual upward $OEX price action- stockcharts.com ** Starting in Sept/October 2021, my observations for use in your own trading purposes are available to only 10 pay subscribers, for a monthly fee ** trade triggers using my personal time-tested chart evidence for securing 600 to 1100 $SPX points net profit per calendar year ... once 10 subscribers have locked in their access to my trade trigger signals based on my personal interpretation of chart evidence, no further subscribers will be acceptedFreebies no longer