Monday, April 16, 2018 1:44:32 PM
SPY 268.48 = 100-day sma vs. 268.19 Monday hod, so far
SPY daily closes chart with $NYA price bars:
* the $NYA 100-day sma resides a good distance above
the unfilled gap now above price action
both SPY and $NYA have yet to touch their 100-day
sma from below
* a lasting price advance requires the:
10-day sma of the S&P 500 new Highs minus new Lows differential
to actually achieve a lasting hold above its zero line ...
which would be for the 1st time in many weeks
* as I stated here last week, the /ES emini needs to surpass the
2682 to 2688 zone, which is the stall point so far in today's session
SPY daily closes chart with $NYA price bars:
* the $NYA 100-day sma resides a good distance above
the unfilled gap now above price action
both SPY and $NYA have yet to touch their 100-day
sma from below
* a lasting price advance requires the:
10-day sma of the S&P 500 new Highs minus new Lows differential
to actually achieve a lasting hold above its zero line ...
which would be for the 1st time in many weeks
* as I stated here last week, the /ES emini needs to surpass the
2682 to 2688 zone, which is the stall point so far in today's session
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
