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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 (491)6/17/2021 11:25:06 PM
From: rimshot  Respond to of 1118
 
$SPX daily McClellan Oscillator value on June 17 resides
within the horizontal "buy zone" seen during garden variety $SPX price pullbacks
in 2020 through June 17, 2021

stockcharts.com

* the most reliably bullish future scenario I can imagine for the very near term
is if the S&P 500 McO sets up a more than marginal sized positively divergent McO higher low
in the coming days, while the $SPX prints a lower daily close low than printed on June 16

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