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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 (556)	8/7/2021 11:31:27 PM
From: rimshot	Respond to of 1118

$NYA on Friday August 6 *achieved a new daily close* record price high** by a decent margin - stockcharts.com two versions of the $NYSI daily - * the $NYSI decline has recently stalled & is overall moving sideways with a currently brief upward bias, so the price & breadth advance seen this week has yet to be an adequate # of days with daily net positive Advancing stocks minus Declining stocks to generate a large distance advance by the $NYSI since $NYSI's late July low * SPY - multiple days of SPY price action actually closing below the SPY 20-day EMA are often accompanied by $NYSI holding below its zero line daily with 1 year of history - * priority vigilance watch is a must for the $NYA price action and for SPY price action vs. their 20-day EMA stockcharts.com daily since 2013 - * bulls want to see $NYSI advance back above the currently declining 12-day EMA, and hold above it for multiple days / weeks, while at the same time re-capturing $NYSI's RSI-14 50 level, as a minimum bullish chart event for $NYSI stockcharts.com