To: rimshot who wrote (1090) | 12/20/2022 10:32:15 PM | From: rimshot | | | Zero value = 10-day smoothing of the S&P 500 New Highs minus New Lows Differential, which represents a new low for November / December ... rests on the Differential's zero line
SPY daily closes chart with 55,2.1 Bollinger Band setting -
stockcharts.com |
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To: rimshot who wrote (1095) | 12/21/2022 12:52:16 PM | From: rimshot | | | /ES so far today briefly surpassed its 50-day SMA by 1.0 point while $SPX so far today surpassed its 50-day SMA by 11.0 points
3916.50 = /ES 50-day SMA current value *** /ES holding above 3908 will represent a bullish condition with Staying Power
3877.32 = S&P 500 index 50-day SMA current value 3900.83 = S&P 500 index 10-day EMA current value
$SPX daily chart repeated -
stockcharts.com |
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To: rimshot who wrote (1094) | 1/8/2023 3:47:35 PM | From: rimshot | | | positive 1.20 on January 6 = 10-day smoothing of the S&P 500 New Highs minus New Lows Differential, which represents a new high for January 2023 ... bulls do not want to see a reversal back below the Differential's zero line
SPY daily closes chart with 55,2.1 Bollinger Band setting -
stockcharts.com |
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To: rimshot who wrote (670) | 1/8/2023 4:05:12 PM | From: rimshot | | | $OEX vs. $SPX daily close ratio plot for 2 years & 3 months -
stockcharts.com
$OEX vs. $SPX daily close ratio plot in a line format -
stockcharts.com
$OEX vs. $SPX cumulative percentage change in the daily Relative Strength ratio since April 1, 2021 close -
stockcharts.com
*** collective meaning of the three charts is:
Bear Market conditions likely persist until the individual stock leadership for the S&P 500 index on a Market Capitalization dollar value basis shifts away from the top Market Cap weighted 25 or 40 stock components
of the S&P 100 index
*** it is prudent for swing traders to focus their trade entry & exit timing based on the prevailing direction of the $OEX vs. $SPX daily ratio *** |
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To: robert b furman who wrote (1102) | 1/8/2023 4:30:33 PM | From: rimshot | | | sure Bob, take the lazy man's route to interpreting the market - LoL
there is a difference between being short of adequate study time & skill vs. possibly influencing others with posted content that could lead others to not accurately assess Risk vs. Reward
tempting others to choose the lazy route to evaluating Risk vs. Reward is not my deal ... please post your opinions at another board ...
in addition, I am not interested in taking the time for internet chats because life is short ... I used to be willing in past years, but no longer ...
my use of time determines my physical health and emotional health
I am being honest at the risk of appearing rude, though that is not my intent
best of luck to you |
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