Wednesday, November 09, 2016 1:08:03 AM
SPX daily chart showing the bear-kiss of the 50-day sma on
Tuesday November 8, 2016 and
showing the intermediate-term SPX breadth momentum indicator
and the volume momentum indicator, which are both steadily declining in recent weeks/months
* Important - notice at the bottom of the chart that the S&P500 Advance-Decline line is trying to steadily remain below its two
TA-based moving averages that are declining until November 7th and 8th ...
these moving averages represent the 5% and 10% trends for the A-D line, as explained at the McClellan Financial Publications website are the chosen moving averages for these internal metrics
Tuesday November 8, 2016 and
showing the intermediate-term SPX breadth momentum indicator
and the volume momentum indicator, which are both steadily declining in recent weeks/months
* Important - notice at the bottom of the chart that the S&P500 Advance-Decline line is trying to steadily remain below its two
TA-based moving averages that are declining until November 7th and 8th ...
these moving averages represent the 5% and 10% trends for the A-D line, as explained at the McClellan Financial Publications website are the chosen moving averages for these internal metrics
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