SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (660)8/27/2021 11:00:27 PM
From: rimshot  Respond to of 1118
 
we saw a decline this week in the $OEX to $SPX ratio's cumulative percentage
change since mid-February 2021, and the ratio's % change remains pointing down
as of August 27 close

* probably a mildly bullish condition that this ratio is declining again

* it would likely not be a bullish event if the ratio eventually tests its July 19th high

stockcharts.com



To: rimshot who wrote (660)8/29/2021 6:09:34 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
352 - # of S&P 500 index component stocks above their 50-day SMA - Aug 27 close, a one-day improvement trend

414 - # of S&P 500 index component stocks above their 200-day SMA, Aug 27 close, a one-day improvement trend

for both metrics, one higher low resides between the current bounce level, and the August low for each metric

===========================================================

73.8% = percentage of S&P 500 stocks above their 20-day EMA, Aug 27 close, a one-day improvement trend

65.0% = percentage of S&P 100 stocks above their 20-day EMA, Aug 27 close, a one-day improvement trend

** only the $OEX is now characterized by lower highs negative divergence in
August vs. $OEX and $SPX price action higher price highs in August

stockcharts.com