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Re: rimshot post# 127

Thursday, 07/12/2018 5:46:02 PM

Thursday, July 12, 2018 5:46:02 PM

Post# of 368
ES 2801.00 = July 12, 2018 high achieved late in the day session
SPY 279.43

SPY low of week so far is 276.50. on Monday
==============================================================

for week ended July 6, 2018:

ES 2766.25 = week's and Friday's high
ES 2698.50 = week's and Monday's overnight low
for week ended July 6, 2018

NQ 7237.75 = week's and Friday's high
NQ 6987.50 = week's and Monday's day session low

* ES 2767 is the next horizontal level of interest which
bulls must surpass on a lasting basis

* the ES holding below 2778, and
below 2788
is required to keep a possibility
for a lasting ES price decline alive *

the SPY 10 week ema and 15 week sma
are now most instructive to bulls and bears in
evaluating future price progress by
the daily closes in July 2018

weekly chart: SPY closed July 6th about $3 above
the highest value for the 15 week sma and the
10 week ema, so bulls have regained control while
this weekly setup continues

278.23 = prior potential double-top price level
which bulls must now surpass on a lasting basis

https://stockcharts.com/h-sc/ui?s=SPY&p=W&yr=2&mn=0&dy=0&id=p09578733340&a=594610379

* daily chart: SPY closed July 6th more than $1.00 above
its 21-day sma which bulls want to see as
a lasting move above this moving average

http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=2&mn=1&dy=0&id=p23207954924&a=585817572

ES low week ended June 29 was June's low - 2693.25 ( below prior week low )

NQ low week ended June 29 was June's low - 6956.00 ( below prior week low )

NQ 7358.50 = the new record high for NQ, which was achieved in June 2018

week ended June 29, 2018 summary:

* bears are in firm control when $SPX remains below the 100 period simple moving average shown in pink
on this 2-hour chart

$SPX 120-minute chart -

http://stockcharts.com/c-sc/sc?s=%24SPX&p=120&yr=0&mn=1&dy=15&i=p40217370243&a=444488975&r=1454915148535

sector Spyder daily charts -

* Sector Spyders of greatest proportional
influence on the actual daily SPY price valutation
each day
closed Friday July 6th near their high of the week:

XLK XLF XLY XLV XLI

https://stockcharts.com/h-sc/ui?s=XLK&p=D&yr=0&mn=6&dy=0&id=p02767775977&a=604206252

XLF closed Friday the most distance from this week's high

https://stockcharts.com/h-sc/ui?s=XLF&p=D&yr=0&mn=6&dy=0&id=p10399037777&a=604206840

https://stockcharts.com/h-sc/ui?s=XLY&p=D&yr=0&mn=6&dy=0&id=p25542053675&a=604204081

minor horizontal breakout for XLV

https://stockcharts.com/h-sc/ui?s=XLV&p=D&yr=0&mn=6&dy=0&id=p84572206431&a=604207865

https://stockcharts.com/h-sc/ui?s=XLI&p=D&yr=0&mn=6&dy=0&id=p71895830544&a=604208420

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