E-Wave for the S&P 500 Index

[rimshot]

SPY weekly RSI-14 value at day's end
since December 6th for only selected dates
and the dates on my spreadsheet containing
this info are not shown below

value of weekly RSI-14 using StockCharts.com as the source

80.27 - Friday January 17, 2020
77.1 - Friday January 10, 2020
76.01
75.05
75.04
74.75
73.95
73.15
73.14
73.1
71.65
71.53

67.77
68.33
69.97

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WSS poll results taken every Friday by WallStreetSentiment.com
and provided to me a few calendar days later each week via the StockCharts charting subscription

https://c.stockcharts.com/c-sc/sc?s=SPY&p=W&st=2007-03-01&i=p44598818899&a=340963757&r=1575683095319

33% bulls -- 50% bears January 10, 2020
67% -- 25%
67% -- 25%
67% -- 25%
50% -- 21%
50% -- 21%
50% -- 21%
50% -- 21%
50% -- 21%

47% -- 27%
47% bulls / 27% bears as of Dec 6, 2019
47% bulls / 27% bears as of Dec 6, 2019

============

July 27, 2016 quote by Barry Ritholtz

This Bull Market Is Powered by Your Indifference

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SPY daily chart
and
65,2 daily Bollinger Bands displayed for
five major US indices

https://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=5&dy=0&i=p98764894226&a=422233444&r=1473864217482