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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 (549)	7/30/2021 12:35:44 PM
From: rimshot	Respond to of 1118

the McClellan Summation index for multiple US indices are actually holding back above their 5-day EMA for multiple days this week, so today's & Monday's close for these metrics could be useful if the going forward updates actually negate the current improvement relative to the 5-day EMA the dominant & actionable item using McSum: *price action eventually follows the direction of the McSum, with* the exception of brief divergences McSum shown for 4 indices - stockcharts.com * the current multi-month Negative Divergence by the overall downward direction of the McSum's vs. advancing price action is not all that rare when considering decades of comparison for the two

To: rimshot who wrote (549)	7/31/2021 9:41:30 AM
From: rimshot	Read Replies (1) \| Respond to of 1118

$NYSI daily - * the $NYSI decline has stalled for two consecutive days & remains above the zero line * SPY - multiple days closing below the SPY 20-day EMA are often accompanied by $NYSI holding below its zero line daily with 1 year of history - stockcharts.com daily since 2013 - stockcharts.com 434.79 = SPY 20-day EMA as of July 30 close

To: rimshot who wrote (549)	8/2/2021 11:32:04 PM
From: rimshot	Respond to of 1118

NYSE cumulative net Advancers minus Decliners line rests at Monday's close very near its important 50-day SMA & US equity market bulls do not want to see numerous future days spent below its 50-day - * scroll to bottom of this daily $NYAD chart to view the cumulative version of the $NYAD - stockcharts.com Message #549 from rimshot at 7/29/2021 7:28:10 PM $NYA daily chart shows a new record intraday price high seen today for $NYA, while at the same time the updated NYSE Advance-Decline line displays Negatively Divergent lower highs as of July 29, which is a strong cautionary condition well respected by professional technicians ... bulls need to see a positive resolution to this Negative Divergence by the A-D line stockcharts.com Note - the $NYA has not yet achieved a new record daily close - $NYA daily closes chart, alternate version - stockcharts.com ** above 16,708.74 is needed to surpass the prior daily close high on record ==================================== $NYA daily closes chart with cumulative net A-D breadth line and A-D volume line - stockcharts.com * the expanding length of time the cumulative net A-D breadth line remains within its 50,2 upper Bollinger Band channel comfortably resides within the expansion norm over the years, especially when considering a much longer time period than displayed here a bullish outcome in the future eventually depends on broad-based participation by the individual stock components within the US indices, ideally with upward breadth thrust readings displayed by the short-term indicators such as: - 10-Day Advancing Volume / (10-Day Advancing + Declining Volume), - % of Stocks at 30-Day New Highs, and - % of Stocks Above 10-Day simple Moving Averages