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Re: None

Sunday, 07/15/2018 11:59:12 AM

Sunday, July 15, 2018 11:59:12 AM

Post# of 207
McSum status as of Friday July 13:

Summary - unusually strong upward acceleration lasting more than a week
for the breadth plurality

( see the Intro section to this board for McSum acceleration events defined )

S&P 500 - 6 days up, with 5 days of large acceleration distance
S&P 100 - 7 days up, with 5 days of large acceleration distance
S&P 400 - 7 days up, with 3 days of large acceleration distance
S&P 600 - 4 days up followed by 3 days down
Dow Jones - 7 day up, with 6 days of large acceleration distance
NYSE all issues - 7 days up, with 5 days of large acceleration distance
NYSE common stocks only - 7 days up, with 3 days of large acceleration distance
Nasdaq - 4 days up followed by 3 days of flat
Nasdaq 100 - 6 days up, with 5 days of large acceleration distance

* the 19 day and 39 day ema's for the Advance-Decline lines for all of the groups listed above
are rising and the 19 rests above the 39 in a bullish setup
… the Dow Jones A-D setup had been declining and crossed up into a new bullish setup this week


charts are viewed here -

https://stockcharts.com/public/1442871

I do not expect to make board updates again until
the week ended July 20 … readers can follow this example
for the specific chart review tasks making up the daily work
of remaining on the correct and profitable side of the trading direction
supported by the Advance-Decline breadth plurality measures, and note
the Advance-Decline volume plurality is not being addressed at this
board though it does merit similar consideration …

Erin and Carl Swenlin often point out divergences in their chart set when the Volume plurality trends
are divergent from the Breadth plurality trends

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