S&P Composite 1500 index daily Advance-Decline percentage values in histogram format --
the zero line equals the bull/bear pivot for the Advance-Decline smoothed with the 3-day SMA & 13-day EMA, and the current chart condition as of Friday June 12 displays a mixed message since:
the 3-day is far below the zero line while the 13-day is slightly above the zero line on Friday's bounce
plus 2.79 = current value of the 13-day EMA for the Advance-Decline as of June 12 minus 34.16 = 3-day SMA value
* at its recent low, the 3-day SMA value printed a negative value worse than any seen since late 2018, highlighting the speed and fierce quality of last week's decline by both price action and Advance-Decline internals
============= 689.77 = 21-day SMA, which bears must hold as Resistance 674.91 = S&P Composite 1500 index 233-day EMA value must be defended by bulls during future declines 669.35 = 100-day SMA 657.81 = 50-day SMA
* time is our most under appreciated & valuable asset, lest we squander it *
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.