Replies to post #33 on Real-time day or swing trades - SPY, QQQ and stock

[rimshot]

S&P 500 Advance-Decline breadth line updates after
each day's close:

* the Advance-Decline line is superior to nearly all indicators other than price direction for determining a profitable trade direction

* since the XLF and XLK A-D lines achieved new all-time highs this week, the A-D line for the index needs to achieve new highs in the near future, or the XLF and XLK A-D lines will likely retrace some to the downside

** pullbacks for the A-D line need to be defended at the %b's .50 line in order to maintain a probable advancing structure for the A-D line and SPY price action

chart #1 -



chart #2 for the S&P 500 index -

* not much distance remains overhead for the A-D line to achieve new
highs



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207.70's -- covered SPY short

second day trade on the short side today