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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (1220)2/1/2023 10:38:26 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 1309
 
Percentage of S&P 500 index stocks + four other indices which
have component stocks that individually rest above their
20-day exponential moving average:


stockcharts.com

percentage of stocks above their 20-day EMA, as of Wednesday February 1, 2023:

$SPX - 80.6% / was 65.2% on Jan. 30 / was 71.2 on Jan. 24 - January high remains above
$OEX - 74.0% / was 56.0% on Jan. 30 / was 64.0 - ditto
$NDX - 86% / was 67.0% on Jan. 30 / was 76.0 - above the January high for day #1
$MID - 90.5% / was 75.5% on Jan. 30 / was 77.25 - above the January high for day #1
$NYA - 86.1% / was 72.5% on Jan. 30 / was 79.2 - January high remains above

* bulls want to see a lasting hold above 70%, and bears
want to see a lasting hold below 30% to 50%