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Re: rimshot post# 343

Monday, 08/10/2020 9:31:29 PM

Monday, August 10, 2020 9:31:29 PM

Post# of 368
SPY 335.77 = the newest multi-month bounce high printed
Monday August 10 - during regular market hours
vs.
336.12 UBB value observed just after today's close
vs.
334.89 the prior record daily close high achieved in mid-February 2020 ( using dividend-adjusted price history for the look-back on the chart )

/ES 3357.25 = the new bounce high printed Monday August 1 - printed before today's cash market close
vs.
3363.33 UBB value observed just after today's close

positive 179 = August 10 daily net Advancers minus Decliners for the S&P 500 index, which represents a modest #, however the relative absence of net Decliners on any day is what is most significant in recent days as supporting the case for potential continued upward price movement for SPY and $SPX

cumulative and daily values for the S&P 500 index Advancers minus Decliners are visible in this daily chart -

http://stockcharts.com/c-sc/sc?s=!ADLINESPX&p=D&st=2019-10-31&i=p09170486617&a=607135436&r=1586705560320

Note - Bollinger Band setting in use for SPY and /ES futures is the daily 21,2 BB

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

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