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Re: rimshot post# 16579

Tuesday, 01/02/2018 7:08:15 AM

Tuesday, January 02, 2018 7:08:15 AM

Post# of 40913
S&P 500 Advance - Decline line ends the 2017 year
by declining slightly after posting its new record
high in late December by first touching the region
of the daily 50,2 Upper BB
-



A-D line chart #2 -

* the bears have an opportunity now to push
these various chart elements lower in January, and
if no downside follow through takes place in
January to February 2018
it will represent a bullish testimony reflected in this chart very clearly

( my chart interpretation as of Monday January 1, 2018 )

* notice the 15,3 Bollinger Band history for SPY price action
shows the lower BB is touched at the times before the upside reversals
while the Upper BB is touched or actually broken Above
when the price action has a strong upward thrust

* the S&P 500 McClellan Oscillator weakened
during 2nd half of December



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