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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot -- Ignore unavailable to you. Want to Upgrade?

To: rimshot who wrote (1084)

12/16/2022 6:08:58 PM

From: rimshot

1 Recommendation

Recommended By
ajtj99

Respond to of 1309

$NYA price value is significantly lower at Friday's December 16 close
while the end-of-day comparison between Thursday & Friday's
NYSE # of issues Advancing or # of issues Declining shows a strong Positive
Divergence on Friday vs. Thursday even though the Volume does not show Pos Divg

NYSE end of day WSJ Market Diary stats - Friday December 16, 2022:

NYSE -----------Latest Close ---Previous Close -----Week Ago

Issues traded	3,235	3,251	3,259
Advances	961	601	926
Declines	2,140	2,537	2,218
Unchanged	134	113	115
New highs	31	38	43
New lows	178	126	63
Adv. volume*	685,773,639	128,110,458	290,671,849
Decl. volume*	2,502,892,296	894,275,773	542,366,743
Total volume*	3,232,478,068	1,027,101,337	856,195,382
Closing Arms (TRIN)†	1.47	1.46	0.74
Block trades*	6,810	4,737	4,285
Adv. volume	1,723,890,611	620,626,713	1,367,914,713
Decl. volume	5,642,903,423	3,827,096,219	2,439,327,766
Total volume	7,493,668,747	4,493,905,168	3,888,263,390

To: rimshot who wrote (1084)	12/19/2022 2:46:30 PM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 1309

14,863.29 = $NYA 100-day SMA current value, as 2:45 pm ET December 19 14,878.64 = $NYA low of day, so far December 19

To: rimshot who wrote (1084)	1/11/2023 11:56:11 AM
From: rimshot	1 Recommendation Recommended By ajtj99 Read Replies (3) \| Respond to of 1309

heads-up alert for swing traders & investor-style traders: 1. the NYSE McClellan Oscillator is now located in firmly Over Bought region now at positive 71.31 level ( some more upward travel still possible ) and 2. the NYSE daily cumulative Advance-Decline line is now above its daily 50,2 upper Bollinger Band ( usually means Over Bought ) and 3. the NYSE Composite Index price action *remains below its August 2022 daily close* high for multiple months 7-years history for the NYSE McClellan Oscillator** - stockcharts.com $NYA daily closes chart - * shown above the $NYA price action is: the NYSE daily cumulative net Advance-Decline breadth line that is now briefly resting above its daily 50,2 upper Bollinger Band stockcharts.com