Chart Ideas

[rimshot]

$SPX daily chart with XLK, XLF, XLY which weigh heavily
in their combined total percentage influence each
day on the $SPX and SPY price action

* XLK, XLF & XLY are near or below the
50,3 lower Bollinger Band ... bulls
need to defend this technical chart event and
an upside reversal for the XLK XLF and XLY
price action needs to take place soon
OR
these symbols and the $SPX will initiate
a continued & lasting price decline from this chart
setup

* note that these two important metrics
shown on this chart
reside below their 50,2 lower Bollinger Band
for a number of days -

S&P 500 net Advance-Decline breadth line
S&P 500 net Advance-Decline volume line

in the ten years January 2009 to December 2018,
only a long period of consecutive days
below the daily 50,2 lower Bollinger Band for both
these A-D lines results in $SPX price damage of more
than a few weeks duration



chart #2 -

S&P 500 Advance - Decline breadth line with its
50,2 BB for 10 years