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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 (757)10/22/2021 11:06:26 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
S&P 500 daily net Advancing minus Declining Volume -

* the net negative Volume days were relatively small this week ended October 22 ...
an improvement over the prior week

stockcharts.com

S&P 500 daily net cumulative Advance - Decline Volume line -

stockcharts.com

* bulls want to see upward movement in the A-D volume line,
optimally with only shallow retreats in the coming days

** quoting Larry McMillan published 10/22 in his free weekly email & his website:

$SPX needs to make a decisive new high in order to be considered
in a strong uptrend, and not merely at the top of its trading range.

Note - this is likely my final post at SI for a period of time ... in the recent 7 to 9 weeks,
I am executing more round trip trades each day in numerous trading instruments and
expect this to continue into early December or so

if a significant chart development occurs, I may share what I am looking at

Note 2 - am looking forward to Nordic skiing from starting soon and enjoying until early March, when
my favorite fly fishing season starts March through mid-May ... already have plans to meet
some Vancouver Island friends in SW Montana during April