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Re: rimshot post# 357

Monday, 09/07/2020 5:11:05 AM

Monday, September 07, 2020 5:11:05 AM

Post# of 368
daily chart including --

S&P 500 cumulative net Advancers minus Decliners line
S&P 500 daily net A-D values
SPY price action

http://stockcharts.com/c-sc/sc?s=%21NETADSPX&p=D&yr=1&mn=4&dy=0&i=p37198349571&a=422175840&r=1596930825001

* bulls need steady and large improvement lasting multiple days/weeks in the daily S&P 500 net A-D values,
or
an upward price recovery by SPY & $SPX is not likely to have Staying Power

* bulls need SPY to achieve a lasting hold above its 15-day SMA

chart #2 -- SPY daily with
126,2 Bollinger Band settings
and 63,2 Bollinger Band -

http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=1&mn=4&dy=0&i=p51155575197&a=663833113&r=1596571568090

* bulls need price to hold on a lasting basis above 335.62 horizontal, a prior intraday high

334.87 was last week's intraday low

chart #3 -- $OEX daily -

http://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=1&mn=5&dy=0&i=p55670041540&a=340963852&r=1583205795342

SPY and $SPX bulls need price to hold on a lasting basis above the
$OEX 21-day SMA

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

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