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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 (579)8/5/2021 8:33:51 AM
From: rimshot  Read Replies (1) | Respond to of 1118
 
SPY - no advancing move has actual Staying Power to the upside today or in coming days
unless SPY holds above 440.30 horizontal level, based on 10-day 20-day & 40-day look backs
before today's market open

source: Fidelity Investments advanced software computation

SPY 441.43 = next upper bull / bear divider for the current overnight advance
off the 438.73 Wednesday low & off the 436.10 Tuesday low,
& this same adaptive metric marked Tuesday's late day price high
from which price reversed back down

438.69 = inflection level for down moves

* based on the 60-minute adaptive chart metric

** metric value is valid for no more than 45 mins after market open,
and for much less if a fast & sharp price decline is soon seen

source: StockCharts 6.5 hours per day price action 60-min chart

Message #579 from rimshot at 8/3/2021 10:28:38 AM

SPY - no down move has actual Staying Power to the downside today or in coming days
unless SPY holds below 435.99 horizontal level

source: Fidelity Investments advanced software computation