SPY Advance - Decline data for 2014 through 2016 Message Board

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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 455.79

-0.2%

12:51 PM EST

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To: rimshot who wrote (1055)	11/8/2022 6:17:59 PM
From: rimshot	Read Replies (1) of 1118

3 of 6 daily cumulative net A-D lines achieve day #2 above the important 200-day EMA on Tuesday November 8, 2022 - stockcharts.com * $SPX -- $OEX -- $MID A-D lines now rest above the 200-day EMA for day #2, and bulls want to see this advance above the 200 continue for multiple days a developing pattern of recent rising lows and medium-term declining tops for all six indices ================================================================== a developing pattern of recent rising lows and medium-term declining tops by 1. the NYSE all-issues A-D breadth line** and 2. the NYSE common-stocks-only A-D breadth line is one reliable tell in the future for whether we are seeing a bear market rally or a multi-week price action low for US equities which is likely to have upward legs with Staying Power * future vigilance regarding what develops for these chart patterns will be important for traders who hold positions for multiple days and weeks

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