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Re: rimshot post# 671

Wednesday, 02/06/2019 12:33:36 PM

Wednesday, February 06, 2019 12:33:36 PM

Post# of 758
15-month simple moving average is nearby for 6 indices - February 6, 2019 -

and the $NYA - NYSE Composite index - is under performing the other
5 indices relative to its proximity to the 15-month sma ..

it is not unusual for $NYA to lag the other indices for a period of days or weeks, based on past history over the years because of the influence
of financials, energy and materials stocks within the $NYA ... though eventually catching up to the other indices'
performance is usually required

for the US equity market to stage an advance with actual staying power

* several indices reside above their 15-month sma, which supports
the bullish case while the condition continues

http://stockcharts.com/h-sc/ui?s=%24NYA&p=M&yr=3&mn=10&dy=0&id=p7137201982c&a=568822129

$NYA vs. its 89-day exponential moving average
and with 50,2 Bollinger Band

$NYMO vs. its 21-day ema, which is now acting as consistent
support during pullbacks

$NYSI at +820 is a bit extended based on the past chart history, and its
daily RSI-14 reveals this as well ( not shown on this chart )

http://stockcharts.com/h-sc/ui?s=%24NYAD&p=D&yr=3&mn=3&dy=0&id=p6702709401c&a=305133842

$NYSI daily chart -

http://stockcharts.com/h-sc/ui?s=%24NYSI&p=D&st=2013-01-01&id=p1995046673c&a=382915264

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