SPY & QQQ intraday chart observations by rimshot Message Board

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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (1130)	2/25/2023 4:23:40 PM
From: rimshot	Read Replies (2) of 1309

both NYSE McClellan Oscillators' daily values have printed Negative for 12 consecutive days: 1. NYSE All-Issues McClellan Oscillator 2. NYSE Common-Stocks-Only McClellan Oscillator * the All-Issues & the CSO Advance-Decline lines *remain in a mildly vulnerable* bullish setup** for now because they rest above their rising 50-day SMA's stockcharts.com stockcharts.com * Note the McClellan Oscillator values displayed Positively Divergent higher lows in October 2022 vs. the September 2022 lows ... institutions closely watch for McO prints that display Pos Divg or Neg Divg chart #2 - daily chart of net Advancers minus Decliners count is shown here for six different indices - stockcharts.com for the NYSE All-Issues data set, February 21, 2023 was the most negative daily net Advance-Decline print so far in 2023 ... at negative 2,337 on Feb. 21 vs. negative 1,297 on Feb. 24

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