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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 (409)	4/8/2021 11:19:27 AM
From: rimshot	Read Replies (1) \| Respond to of 1118

daily ratio of the SPY vs. $TNX 15,2 Bollinger Band narrowing continues ... see the bottom two chart elements included in this $TNX daily chart - * highest priority vigilance is now required as the BB narrowing persists for an even longer duration stockcharts.com

To: rimshot who wrote (409)	4/19/2021 10:09:13 AM
From: rimshot	Respond to of 1118

$SPX - the potential 2.618 upward extension sits at 4270's SPY weekly with 15,2 Bollinger Band & 15,2 %B for use in potential top & bottom spotting - * bullish condition requires the weekly RSI-14 to remain above the 60 to 70 zone, or the S&P 500's vulnerability to future price damage is increased * bulls want to see the Full STO and Price Momentum Oscillator and True Strength Index to continue in an upward direction from weekly close to weekly close stockcharts.com Note - a single weekly close by SPY which rests more than 3% below the 70-week SMA marks a confirmation chart event for the probable directional Staying Power for any future price decline which occurs over the years chart #2 - SPY daily with 50,2 and 21,2 and 15,3 Bollinger Band tools - * consecutive daily closes below the 4-day SMA is a must condition for a lasting price decline to be launched, even for a limited # of days stockcharts.com

To: rimshot who wrote (409)	5/7/2021 12:19:06 PM
From: rimshot	Read Replies (2) \| Respond to of 1118

/ES *Volume Histograms' size greatly* taper down in relative percentage terms once /ES advanced above 4190.50 level, using the 30-day look back of the Volume size at each individual /ES price level tapering down of the Volume Histogram sizes especially accelerated once price moved above approx. 4203.75** * in other words, the Volume associated with /ES price prints at each individual price especially thinned relative to the 30-day history once /ES moved above 4190.50, and additional Volume thinning to date as of mid-day May 7th is taking place above 4203.75 ... so the valid determination of what is accepted fair market value by market participants is in process and time will tell based on the actual Volume size taking place in the future periods above the 4203.75 to 4190.50 zone /ES "accepted fair market value" by market participants is defined as follows using both the 5-day and 30-day Volume by Price look backs, and this data remains valid since the May 5th review -- as of May 5 2:49 pm ET chart set using most recent data feed: considering both the /ES 5-day and 30-day Volume Profile looks backs, they are interpreted as follows, right now using the most current Volume Profile data set: * tapering down takes place above 4182.50 and below 4170.50 from higher to lower volume nodes at each single tick for the /ES pricing... note today's all-sessions price high is /ES 4180.00, so far ... using both look-backs, market participants have established the /ES " accepted fair market value" to currently reside within the 4170.50 through 4182.50 zone, and the Weekly Pivot sits a tiny distance above 82.50, and the Monthly Pivot for all of May sits slightly below the May 4 price low for /ES the /ES Weekly Pivot has served as resistance since the May 5 overnight session began on May 4 p.m., so the trading bias for the coming hours has much to prove for bulls & bears ... ??? will there be Volume prints above 4182.50 and above the Weekly Pivot value now briefly proven as horizontal Resistance, or will there be additional Volume prints below /ES 4170.50 in the coming days/weeks to establish a lower price zone for "accepted fair market value" ??? using rounding for the $SPX cash index, the sequence of higher close lows since mid-April are*: 4125 - tested and generally held on Tuesday May 4, nothing but air below until approx. 3990 and 3890* 4135 - printed twice 4164.66 - Tuesday May 4 close ===================================== excerpt from May 3 evening post - daily chart for $SPX shows: 3 consecutive days below 10-day EMA for the ITBM and ITVM for the S&P 500 index, which has an 8-day count for the $OEX ITBM and a zero count for the $NYA it is possible since the $SPX Price Momentum Oscillator is newly spending time below its signal line that more down is coming ... I see /ES 4183.50 and SPY 419.00 as the most probable "brain dead simple" version of bull / bear horizontal dividers for a future bounce if seen ... there are five other data points from Volume Profile analysis plus more that show /ES 4180 to 4185.00 zone is critical to both bulls & bears stockcharts.com