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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 (440)5/5/2021 12:39:47 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
alternate version of Scott's in advance heads-up for producing Alerts
using Scott's chart settings method
applicable to bulls & bears over time -

stockcharts.com

$SPX daily closes chart displayed with:
* the 3 and 89,2 EMA smoothing of the invisible
55,2 %B for the invisible inverted $VXO

* this alternate version adds at the chart bottom
the pure & not smoothed 55,2 %B for the invisible inverted $VXO

* potentially actionable items are:

1. the white and dashed green horizontals
placed on the 55,2 %B portion of the chart scale, as well as

2. the 3 EMA crossing above or below the 89,2 EMA thereby treating
the 89,2 EMA as the signal line, as well as

3. the 3 EMA and/or the 89,2 EMA crossing above or below the 0.50 dashed green horizontal placed
on the 55,2 %B portion of the chart scale

** the actual timing in advance of any bullish OR bearish
directional slope divergence events by the smoothed 55,2 %B
compared to the simultaneous price direction by $SPX is likely the most important aspect
of this tool set **

Alerts of impending $SPX directional shifts are not always provided
in advance using these chart settings

daily $VXO chart in a version which is not inverted -

stockcharts.com

** feel free to send me a Private Message at SI if you desire Scott's re-created
coding contained in the Perma Link in order to
add this chart directly to your StockCharts.com chart lists,
and I can reply via PM with the Perma Link