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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 571.02+0.4%Nov 1 4:00 PM EDT

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To: rimshot who wrote (1022)9/28/2022 5:32:59 PM
From: rimshot  Read Replies (1) of 1118
 
Wednesday Sept. 28 = day #1 the S&P 500 A-D line now rests
back above its 50,2 LBB by a margin of 00.07%


* will the advance above the LBB continue for multiple days / weeks?
... we need to get past the October 4th close to see what reliably occurs
for this metric going forward

Message #1022 from rimshot at 9/28/2022 2:05:30 PM

S&P 500 daily cumulative net Advance-Decline breadth line
has printed 3 consecutive daily closes below the
daily 50,2 lower Bollinger Band, which is a firmly bearish
condition for both breadth & for future SPY price action only
while the condition continues -

* 3 consecutive days below the daily LBB, as of Tuesday September 27, 2022

stockcharts.com

S&P 500 A-D line chart # 2 showing a zoom view -

stockcharts.com
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