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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 (498)	6/19/2021 11:16:35 AM
From: rimshot	Respond to of 1118

the McClellan Oscillator is used to show strong or minor shifts in sentiment in the indexes, and strong directional confirmation events are called breadth thrusts, which can accompany up or down price events It also helps in analyzing the strength of an index price trend via divergence or confirmation. The McClellan Oscillator formula can be applied to any stock exchange or index of stocks. A reading above zero helps confirm a rise in the index, while readings below zero confirm a decline in the index. When the index is rising but the oscillator is falling, that warns that the index could start declining too. When the index is falling and the oscillator is rising, that indicates the index could start rising soon. This is called divergence. A significant change, such as moving 100 points or more, from a negative reading to a positive reading is called a breadth thrust. It may indicate a strong reversal from downtrend to uptrend is underway on the stock exchange or index.

To: rimshot who wrote (498)	6/20/2021 11:38:24 AM
From: rimshot	Respond to of 1118

prior post is restated here to make one correction and to improve clarity - ( this is likely my final post at SI for a # of weeks & I will not be replying to private messages ) $SPX daily showing 8 months of history for the 55-day EMA and 50-day EMA - stockcharts.com * price declines which do not ever violate the RSI-14 40 level for a daily close represent a "buy the dip" chart event at least for the near term, in the great majority of cases over the years ... this technical interpretation is widely used by CMT's and evidence-based traders 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 the McClellan Oscillator is used to show strong or minor shifts in sentiment in the indexes, and strong directional confirmation events are called breadth thrusts, which can accompany up or down price events It also helps in analyzing the strength of an index price trend via divergence or confirmation. The McClellan Oscillator formula can be applied to any stock exchange or index of stocks. A reading above zero helps confirm a rise in the index, while readings below zero confirm a decline in the index. When the index is rising but the oscillator is falling, that warns that the index could start declining too. When the index is falling and the oscillator is rising, that indicates the index could start rising soon. This is called divergence. A significant change, such as moving 100 points or more, from a negative reading to a positive reading is called a breadth thrust. It may indicate a strong reversal from downtrend to uptrend is underway on the stock exchange or index. Ditto in reverse, in the event McO moves 100 points down.

To: rimshot who wrote (498)	7/15/2021 9:35:09 AM
From: rimshot	Read Replies (2) \| Respond to of 1118

$SPX 4331.79 = 15-day SMA, as of Thursday July 15 open $SPX daily showing 8 months of history for the 15-day SMA, 55-day EMA & 50-day EMA - * notice the currently declining daily RSI-14 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 4231.83 = $SPX 55-day EMA, as of Thursday July 15 open 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 with one focus being the highs & lows seen by the McClellan Oscillator value stockcharts.com