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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 (373)3/25/2021 1:08:35 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
briefing.com 3/25 12:55 pm ET

excerpt -

The ability for the S&P 500 to climb back above its 50-day moving average
has supported risk sentiment, as this key technical level has shown to be
a good buying opportunity over the past 11 months.

===========================================================

3912.28 = $SPX 8-day EMA, which resides above today's bounce high, so far

3890.02 = $SPX 21-day SMA

stockcharts.com



To: rimshot who wrote (373)3/26/2021 10:45:33 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
$OEX 1786 to 1791 = key horizontal inflection zone, based on the most recent days' intraday price action

bearish oppt'y for sellers exists only while below this zone in its entirety
bullish only if a lasting hold above this entire zone occurs

$OEX daily -

stockcharts.com

chart #2 - daily $SPX with XLK, XLF & XLY -

* bulls need a lasting hold above the $SPX 15-day SMA & 21-day SMA ( 3895.65 = 21 day )
* XLK and XLY remain below their 50-day SMA by a decent distance

stockcharts.com