* will these symbols surpass their 200-day simple moving average by a large margin, and then reside within the upper BB for a period of weeks?
( the /ES S&P 500 index futures' 200-day simple moving average remains a few points higher than this week's price high for the /ES as the 200-day sma continues to rise for the March 2019 /ES contract )
================= chart status overview - February 5, 2019 closing update
what is new in today's February 5th equity price action is that --
1. S&P 500 index daily chart --
* $SPX 150-day and 126-day ( 2 quarters of price action ) simple moving averages are now nearby
the S&P 1500 Advance-Decline Percent daily chart provides evidence by the various chart elements of a constructive argument for a continued price advance, though a nearby pause in the index price actions would be a customary and reasonable expectation, though a pullback of any size is not necessary based on the current Bollinger Band setups for these index price actions
the $OEX is joining others which have recently advanced above the 100-day simple moving average
SPY QQQ S&P 1500 S&P 500 Equally Weighted index - $SPXEW and RSP NYSE Composite index Nasdaq Composite index Dow Jones Industrials Average S&P 400 Mid Cap index ------------------------------------------------------ Banking index - $BKX and the S&P 600 Small Cap index have not yet surpassed the 100-day simple moving average
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