News Focus
News Focus
Followers 85
Posts 9226
Boards Moderated 4
Alias Born 09/07/2007

Re: rimshot post# 217

Tuesday, 04/07/2020 1:50:48 PM

Tuesday, April 07, 2020 1:50:48 PM

Post# of 368
S&P Composite 1500 index new 52-week highs
minus
new 52-week lows COUNT -

plot of the cumulative net Count
and
plot of the daily net Count
( count is expressed in Percentage terms )

lasting upside strength in these internals is
required to support any future lasting price advance,
and it is prudent to be vigilant
for any actual future directional changes by these internals which actually have directional Staying Power

** front-running with non-evidence based actions is not recommended ....
trust and act only upon actual chart facts which develop **

https://c.stockcharts.com/c-sc/sc?s=%24SUPHLP&p=D&yr=2&mn=7&dy=0&i=p74960383002&a=382342019&r=15793273

chart #2 -

plot of the S&P 500 index new 52-week highs Count
and new 52-week lows Count
AND
plot of the S&P 500 index new highs minus new lows Differential
smoothed with the 10-day moving average

** an overall rising uptrend for the metrics is required
to support any future lasting uptrend by the $SPX and SPY
price action **

be vigilant if the current directional character changes at a future date

https://c.stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=10&dy=0&i=p83085167028&a=592217701&r=1579328076287

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today