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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 (475)	6/19/2021 10:59:27 AM
From: rimshot	Read Replies (3) \| Respond to of 1118

$SPX daily showing 8 months of history for the 55-day EMA and 50-day EMA - stockcharts.com 15,2 Bollinger Band is shown, and bulls ideally want to see the ATR declining this is ATR setting favored by Arthur Hill, CMT, which uses the 20-day EMA as the signal line $SPX and $OEX daily closes history vs. the 55-day EMA shown within the context of: # of new 52-week highs & lows for $SPX and # of new highs for $OEX and the net # of new highs for $SPX minus the $OEX count stockcharts.com 4145.90 = $SPX 55-day EMA, as of Friday June 18th close stockcharts.com above daily chart represents in advance heads-up for producing Alerts applicable to bulls & bears over time the $SPX daily closes chart is displayed with: * the 3 and 89,2 EMA smoothing of the invisible 55,2 %B for the invisible inverted $VXO * 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 chart #4 - $SPX daily McClellan Oscillator value on June 17 & 18 resides within the horizontal "buy zone" commonly seen during garden variety $SPX price declines during 2020 through June 2021 stockcharts.com * the most reliably bullish future scenario I can imagine for the coming days / weeks is if the S&P 500 McO eventually sets up a more than marginally sized positively divergent McO higher low, while the $SPX prints a simultaneous lower daily close low Note - McO is the daily delta between the 39 and 19-day EMA's for the cumulative net A-D breadth line for the S&P 500 index