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Re: rimshot post# 748

Friday, 09/18/2020 9:03:31 PM

Friday, September 18, 2020 9:03:31 PM

Post# of 758
$SPX daily with S&P 500 McO and McSum -

http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=1&mn=2&dy=0&i=p70101912448&a=340963635&r=1600476939042

$NDX daily with McO & McSum -

* the Nasdaq 100 index cumulative net Advancers minus Decliners line resides
below the 50-day simple moving average,
which is a firmly bearish chart condition while it persists

http://stockcharts.com/c-sc/sc?s=%24NDX&p=D&yr=0&mn=10&dy=20&i=p41661412538&a=589367468&r=1600477313184

$COMPQ daily with McO & McSum -

http://stockcharts.com/c-sc/sc?s=%24COMPQ&p=D&yr=0&mn=10&dy=20&i=p71160816970&a=589367467&r=1600477160148

AAPL daily -

http://stockcharts.com/c-sc/sc?s=AAPL&p=D&yr=0&mn=6&dy=0&i=p47882052067&a=809318976&r=1600476364168

* for a bullish case to re-establish itself for AAPL
and
for SPY & QQQ
the AAPL daily RSI-14 needs to hold above the important
60 level
for multiple consecutive days/weeks

SPY daily -

* today represents the 1st daily close
below the 50-day EMA since mid-May 2020 ...
bulls do not want to see multiple days below the 50

http://stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=7&dy=0&i=p50167057108&a=702407785&r=1596941621860

SPY and $OEX today approached the daily 21,2 lower Bollinger Band,
and
closed somewhat higher than the lower BB location, which
is a near-term mildly bullish signature while the chart condition persists

http://stockcharts.com/c-sc/sc?s=%24SPX%3A%24OEX&p=D&yr=1&mn=3&dy=0&i=p10961456838&a=578604193&r=1596723552943

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

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