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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 (524)	7/15/2021 10:55:14 AM
From: rimshot	Respond to of 1118

for the future $SPX price outcome, it is possibly Bullish in the very near-term that $OEX has not yet violated Monday's 2005.33 intraday low ... close but no cigar, as of 10:54 a.m. Eastern $OEX daily - stockcharts.com

To: rimshot who wrote (524)	7/17/2021 1:26:20 PM
From: rimshot	Read Replies (1) \| Respond to of 1118

$SPX daily closes chart with 126,2 Bollinger Band - stockcharts.com * TSI *turning down below* its signal line** late this week is a bearish condition while it lasts, so odds are greater than 50 /50 the $SPX price decline will continue while the TSI is declining 126 days for the BB setting = 6 months of trading days chart #2 - $OEX daily - * $OEX is likely to continue to decline while price remains below Monday's July 12th intraday low of 2005.33 * the Friday July 9th $OEX low remains the next potential lower bull / bear divider stockcharts.com chart #3 - $SPX 4336.02 = 15-day SMA, as of Friday July 16 close $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 chart #4 - $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 chart #5 - 4235.25 = $SPX 55-day EMA, as of Friday July 16 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 for impending $SPX directional shifts are not always provided in advance using these chart settings chart #6 - $SPX daily with one focus being the highs & lows seen by the McClellan Oscillator value stockcharts.com