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Re: rimshot post# 671

Monday, 08/03/2020 9:36:16 PM

Monday, August 03, 2020 9:36:16 PM

Post# of 758
SPY and $OEX daily 21,2 Bollinger Bands shown on a single chart
with the $SPX to $OEX daily ratio

http://stockcharts.com/c-sc/sc?s=%24SPX%3A%24OEX&p=D&yr=0&mn=9&dy=0&i=p24733875804&a=523770661&r=1596145655521

* the ratio currently displays a sequence of lower highs since
February 2020, and the bullish case is somewhat
weakened by the stark lack of equal participation in the price advances
which do occur when the $OEX is outperforming the
entire 500 stocks comprising the S&P 500 index

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

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