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Re: rimshot post# 274

Saturday, 05/23/2020 12:14:02 AM

Saturday, May 23, 2020 12:14:02 AM

Post# of 368
/ES futures 2980.90 = current value of daily
21,2 upper Bollinger Band as of Friday's May 22 close

2997.xx = current value of the 200-day SMA

2903.75 = low on Friday May 22, printed in early morning Globex

2933.00 = low on Thursday May 21 printed in morning

2976.25 = the new bounce high this week achieved Tuesday morning at approx. 3:00 a.m. Eastern time

2967.00 was the prior multi-month high in May printed since the March 2020 low,
and was also achieved in an early A.M. Globex session

2947.00 was last week's bounce high

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

RSP vs. SPY daily shows the negatively divergent
RSP lower price highs

vs.
the SPY higher price highs for May vs. April 2020 -

RSP daily

http://c.stockcharts.com/c-sc/sc?s=RSP&p=D&b=5&g=1&i=p77530317141

SPY daily

http://c.stockcharts.com/c-sc/sc?s=SPY&p=D&b=5&g=1&i=p77530317141

** Friday May 22 represents day #5 SPY attempts to hold the horizontal breakout above the 294.88 April high ...
and this breakout first took place on Monday **

simple SPY daily with selected indicators -

http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=6&dy=0&i=p47249717189&a=183961259&r=1458750742284

$SPX daily closes chart with the April daily close high
marked as the horizontal breakout value -

* bulls need $SPX price action to hold above
the declining 100-day SMA for multiple weeks *

http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=5&dy=0&i=p54623771630&a=581747427&r=1588534487918

$SPX 2983.79 = daily 21,2 upper Bollinger Band value
as of Friday's May 22 close

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

the big six names in the S&P 500 and the S&P 100 indices -

* AMZN and FB printed new record price highs this week ending
May 22

the daily closes chart below displays the percentage performance
with splits and dividends adjusted in the look-back price history
for the big six most influential symbols within the
$SPX and $OEX
-

http://stockcharts.com/c-sc/sc?s=AAPL&p=D&st=2018-01-01&i=p41598448964&a=485657843&r=1590207966075




* time is our most under appreciated & valuable asset, lest we squander it *

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