To: rimshot who wrote (1058) | 12/12/2022 9:46:01 PM | From: rimshot | | | $410 Million - Market on Close selling imbalance - Monday December 12, 2022 as of 3:51 pm Eastern
$3.2 Billion - Market on Close selling imbalance - Friday December 9, 2022 as of 3:51 pm Eastern
* $2.3 to $9.5 Billion represents historical large or extreme size for selling imbalances
** in the first 13 trading days of January 2016, the size of the MOC sell imbalances was larger than usual ... and was seen for consecutive days which is a rare event
Note - Phil Mackintosh, Chief Economist for the Nasdaq in 2019, has written a thorough article explaining the importance to market liquidity that institutions and market professionals are provided the preliminary MOC Imbalance quantity announcements in advance of each day's close for each individual stock ( article published September 2019 ) |
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To: rimshot who wrote (1039) | 12/12/2022 11:16:48 PM | From: rimshot | | | below 70.0 percent - S&P 500 Bullish Percent Index value, Monday December 12, 2022 at 70.0 percent - S&P 100 BP below 70.0 percent - Dow Jones Transports BP below 80.0 percent - Dow Jones BP at 60.0 percent - Nasdaq 100 BP near 50 percent - NYSE Composite BP ( 60.79 = August high ) near 40 percent - Nasdaq Composite BP
David Keller, CMT quote November 11 about reliably identifying a rally reversal -
" the S&P 500 Bullish Percent Index is now above 70%. The 2022 playbook says a reversal back below the 70% level indicates the bear market rally is over. "
stockcharts.com
above 70.0 percent - S&P 500 Bullish Percent Index value, Friday December 2, 2022 above 80.0 percent - S&P 100 BP at 80 percent - Dow Jones Transports BP above 80.0 percent - Dow Jones BP above 80.0 percent - Nasdaq 100 BP below 60 percent - NYSE Composite BP ( 60.79 = August high ) below 50 percent - Nasdaq Composite BP
Message #1016 from rimshot at 11/26/2022 2:26:44 PM
above 70.0 percent - S&P 500 Bullish Percent Index value, Friday November 25, 2022 above 70.0 percent - S&P 100 BP above 70 percent - Dow Jones Transports BP above 70.0 percent - Dow Jones BP below 70 percent - Nasdaq 100 BP below 70 percent - NYSE Composite BP below 70 percent - Nasdaq Composite BP
Message #1012 from rimshot at 11/20/2022 6:27:54 AM
70.6 percent - S&P 500 Bullish Percent Index value, Friday November 18, 2022 77.0 percent - S&P 100 BP 75.0 percent - Dow Jones Transports BP 70.0 percent - Dow Jones BP 67.0 percent - Nasdaq 100 BP 55.1 percent - NYSE Composite BP 41.7 percent - Nasdaq Composite BP
Message #1005 from rimshot at 11/12/2022 12:10:16 PM
74.2 percent - S&P 500 Bullish Percent Index value, Friday November 11, 2022 79.0 percent - S&P 100 BP 80.0 percent - Dow Jones Transports BP 76.0 percent - Nasdaq 100 BP 63.3 percent - Dow Jones BP 56.2 percent - NYSE Composite BP 42.2 percent - Nasdaq Composite BP |
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To: rimshot who wrote (1065) | 12/13/2022 1:20:25 PM | From: rimshot | | | the /ES descending tops trend line drawn from the all-time high was located at the 4187.50 to 4188.00 region early this December 13th morning before the cash market open when /ES briefly spiked to 4180.00 at the time of the CPI and Core CPI data releases
* the /ES declining trend line has only several price events when it has been closely approached over the recent months |
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To: rimshot who wrote (1064) | 12/13/2022 1:26:06 PM | From: rimshot | | | a close examination of the eleven S&P 500 sectors, five of which comprise more than 50% of the index value:
Summary chart interpretation: the eleven daily charts together present collective proof that more than a modest amount of vulnerability continues to exist for the trend-unhealthy sectors to drag downward the few slightly trend-healthy sectors in the coming weeks / months ( trend viewed since February 12, 2021 )
after each day's close, Fidelity provides an update for the Market Capitalization dollar value of each eleven S&P 500 sector, and a Percentage weighting influence on the S&P 500 Market Cap Weighted index can be calculated from this data -
eresearch.fidelity.com |
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To: rimshot who wrote (1045) | 12/13/2022 1:46:41 PM | From: rimshot | | | 399.29 = SPY rising 600-day SMA current value, as of 1:42 pm Eastern time December 13, 2022 399.07 = SPY low of day so far, as of 1:58 pm Eastern time
stockcharts.com
* the two short-term Net Advance-Decline oscillators representing 1. issues breadth & 2. volume breadth have been in a negative chart location below their zero line for a # of consecutive days |
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To: robert b furman who wrote (1067) | 12/13/2022 1:56:25 PM | From: rimshot | | | reply to Bob: I have recently been asked this question by professional money managers who should know better than to rely upon anything but being thorough in their independent analysis of chart facts as they develop
I cannot allow myself to participate in taking short cuts to interpreting the present or the future, and I avoid enabling others to do so
evidence-based chart interpretation requires examining as much actual evidence as time and knowledge permits
hope you & yours are well, and enjoying life
I have 9 consecutive days of snow shoveling without mechanized equipment under my belt, and am enjoying the exercise & time outdoors |
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To: rimshot who wrote (1066) | 12/13/2022 9:09:35 PM | From: rimshot | | | $1.1 Billion - Market on Close buying imbalance - Tuesday December 13, 2022, reported 3:52 pm Eastern
$410 Million - Market on Close selling imbalance - Monday December 12, 2022 - 3:51 pm Eastern
$3.2 Billion - Market on Close selling imbalance - Friday December 9, 2022 - 3:51 pm Eastern
* $2.3 to $9.5 Billion represents historical large or extreme size for selling imbalances
** in the first 13 trading days of January 2016, the size of the MOC sell imbalances was larger than usual ... and was seen for consecutive days which is a rare event
Note - Phil Mackintosh, Chief Economist for the Nasdaq in 2019, has written a thorough article explaining the importance to market liquidity that institutions and market professionals are provided the preliminary MOC Imbalance quantity announcements in advance of each day's close for each individual stock ( article published September 2019 ) |
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To: rimshot who wrote (1072) | 12/14/2022 9:14:46 AM | From: robert b furman | | | Hi Rim,
We ran 9 hours in a torrential downpour. Covered 590 miles. This morning is much nicer , no wind gusts and NOT RAINING.
My 70 year old eyes don't do night driving in the rain very well.
Looks like you got dumped on with many inches of snow.
I got my fuel oil tanks in Wisconsin topped off yesterday early in the morning. Should be good to go till sturgeon spearing in February.
Your Nordic skiing trails should be beautiful and deep I'm guessing.
Go to go, longer half of drive is today.
Enjoy all four seasons.
Bob |
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To: rimshot who wrote (1071) | 12/14/2022 11:10:08 AM | From: rimshot | | | scalp short from 404.95 HOD region, based on 2 time frames
not expecting more than 9 $SPX points profit, but will take more if technicals merit
SPY 403.31 = down target #1 that is possible
SPY 402.47 = down target #2 possible
1809.14 = $OEX HOD so far |
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