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Re: rimshot post# 21653

Wednesday, 03/04/2020 9:01:51 AM

Wednesday, March 04, 2020 9:01:51 AM

Post# of 41286
3077 = $SPX 200-day EMA at March 3rd close

3074 is the bounce high so far by /ES in Globex session today,
March 4, 2020

weekly charts, with the March 3rd bounce high marked ---

will we see a re-test of the SPY lower
Bollinger Band?

SPY weekly - March 3rd intraday high marked

* recent decline low resides below the lower Bollinger Band

https://stockcharts.com/c-sc/sc?s=SPY&p=W&yr=0&mn=8&dy=0&i=p00738989436&a=725214187&r=1583328117802

QQQ weekly

* recent decline low resides very near the 50-week EMA

https://stockcharts.com/c-sc/sc?s=QQQ&p=W&yr=0&mn=8&dy=0&i=p10603132444&a=725137639&r=1583328058124

Top Ten most influential stocks in the S&P 500 index, representing
23% of the price value at any given moment

Tuesday's March 3rd bounce high is added to the right of each symbol, and needs
to be monitored in the future days/weeks
to see if it is ever again surpassed because
SPY and SPX action to the upside will need the participation of these Top 10
stocks to take SPY and SPX back above their 100-day SMA


S&P 500 index Top 10 individual stocks
with their Portfolio weight
in Percentage terms
based on the Market Capitalization size
each day at the market close
AND
divided
by the Total Market Capitalization size
for the 500 stocks in the index

https://www.morningstar.com/etfs/arcx/spy/portfolio

AAPL - 4.81% - 304.00 is March 3rd intraday high & high of multiple days
MSFT - 4.60% - 175.00 & high of multiple days
AMZN - 2.80% - 1996.33 & above the prior 3 days
FB - 1.93% - 197.24 & above the prior 2 days
BRK/B - 1.63% - 218.15 & not above Monday's high
GOOGL - 1.60% - 1408.19 & above the prior 2 days
GOOG - 1.60% - 1410.15 & above the prior 2 days
JPM - 1.56% - 122.95 & above Monday's high
JNJ - 1.42% - 140.99 & above the prior 2 days
V - 1.27% - 194.04 & above the prior 4 days

Total is 23.22 Percent of each day's S&P 500 index
price action is comprised of these 10 stocks ...
( as of January 20th, before the decline by the US indices
kicked off in earnest )

daily charts -

https://c.stockcharts.com/c-sc/sc?s=AAPL&p=D&yr=0&mn=7&dy=0&i=p39331228747&a=624971727&r=1579443186465

https://c.stockcharts.com/c-sc/sc?s=MSFT&p=D&yr=0&mn=6&dy=0&i=p52856463753&a=625243569&r=1579443222368

https://c.stockcharts.com/c-sc/sc?s=AMZN&p=D&yr=1&mn=8&dy=0&i=p90010723959&a=625188544&r=1579443324373

https://c.stockcharts.com/c-sc/sc?s=FB&p=D&yr=2&mn=4&dy=0&i=p55950501499&a=625243564&r=1579443450375

https://c.stockcharts.com/c-sc/sc?s=BRK%2FB&p=D&yr=1&mn=6&dy=0&i=p05790403759&a=625243563&r=1579443602963

https://c.stockcharts.com/c-sc/sc?s=GOOGL&p=D&yr=2&mn=4&dy=0&i=p02124900434&a=625243566&r=1579443722114

https://c.stockcharts.com/c-sc/sc?s=GOOG&p=D&yr=1&mn=10&dy=0&i=p28229421063&a=625243565&r=1579443809053

https://c.stockcharts.com/c-sc/sc?s=JPM&p=D&yr=2&mn=4&dy=0&i=p24250093775&a=625243568&r=1579443934642

https://c.stockcharts.com/c-sc/sc?s=JNJ&p=D&yr=2&mn=2&dy=0&i=p53718021866&a=625243567&r=1579444054904

https://c.stockcharts.com/c-sc/sc?s=V&p=D&yr=0&mn=10&dy=0&i=p81065803723&a=714713780&r=1579444249407

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