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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 (575)	8/3/2021 9:41:23 AM
From: rimshot	Read Replies (1) \| Respond to of 1118

correction to prior post: $SPXEW weekly - Tap & Down action is in play as of Monday for day #1 as today's new record high of 6261.47 approached the region of the weekly 15,2 upper Bollinger Band & then reversed down * bears must see downward follow through, or Monday is possibly a one-day decline event 6152.59 = the EW 4-week SMA, not yet tested from above stockcharts.com

To: rimshot who wrote (575)	8/4/2021 11:54:08 AM
From: rimshot	Read Replies (1) \| Respond to of 1118

$SPX 4407 / 4395 = August 4 daily support and is a critical area IF wave 1 of the (3) has actually completed. * If that scenario plays out the run at 4470 / 4491 /4500 upper region is expected for the future potential minimum wave (3). $SPX possible Wave pattern which took place as of the close on Tuesday August 3 - pbs.twimg.com ========================= 4400-4430 = weekly resistance 4380-4350 = weekly support * *4470 to 4500 = potential upward target #1, only* if $SPX 4427 is surpassed** ... * as of last Friday the odds favor that a sideways correction continues so what took place Monday & Tuesday is important to the development of the Wave pattern daily $SPX - stockcharts.com as of Wednesday August 4 11:57 a.m. Eastern: 4377.37 = 15-day SMA current value * a complete absence of daily closes below the RSI-14 important 40 level during 2021 4373.20 = 21-day SMA current value stockcharts.com