CHARTS_CCI_SYSTEM

[rimshot]

SPY daily price closes chart with the
S&P 500 A-D ratio moving averages lines,
the ITBM indicator for the S&P 500 index,
and the S&P 500 McClellan indicators:

* the direction of the actual lasting price action
is always directionally supported by the
Advance-Decline breadth trend measures shown on this chart,
except for very brief periods of positive or negative divergence
by the SPY price action vs. the Advance-Decline breadth measures

* SPY price closes are plotted vs. the 65,2 Bollinger Band setting

* vigilance watch the future SPY daily closes vs. the 15-day sma

more info. for S&P 500 breadth measures is posted over the years at one of the IHub forums I moderate

http://investorshub.advfn.com/Price-levels-for-Index-futures-levels-to-trade-25108/

and at this SI forum I moderate -

http://www.siliconinvestor.com/subject.aspx?subjectid=59396