Replies to post #21653 on CHARTS_CCI_SYSTEM

[rimshot]

$NYA weekly chart shows that the upward price action
and
the related weekly indicators have been pausing/halting
for 3 weeks as of this date,
at the weekly high price level ... stay tuned

http://stockcharts.com/h-sc/ui?s=%24NYA&p=W&yr=9&mn=0&dy=0&id=p6483093508c&a=394435875

reply #1 to the initiating $SPX post for this thread

[rimshot]

$SPX daily price closes chart

with

* four distinct internals charted
for several US indices ... what is charted
is the cumulative data set
for each index internal

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=3&mn=8&dy=0&id=p5976447992c&a=588693282

reply #2 to the initiating $SPX post for this thread

[GLENO34]

For some reason it will not let me post this chart????

[rimshot]

$BKX - Banking index - weekly chart with other index charts
vs. their Bollinger Bands

* the lowest chart element displaying a ratio
merits constant attention,
as well as the index price action

http://stockcharts.com/h-sc/ui?s=%24BKX&p=W&yr=2&mn=8&dy=0&id=p6480486949c&a=624176835

reply #3 to the initiating $SPX post for this thread

[rimshot]

$SPX daily with the focus on the 200-day simple moving average
and
displaying the 200,2 Bollinger Band shown in pink
and
the lower chart elements display Carl Swenlin's PMO indicators
as I have
customized their chart setup settings

http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=1&mn=4&dy=0&id=p2766034547c&a=588696944

$SPX daily with my basic settings for the McO and McSum for
the S&P 500 index,
and the related other internals in a form I actually interpret and use every day

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=2&dy=0&id=p32556627732&a=340963635

$OEX daily with my basic settings for the McO and the McSum
and the Advance-Decline line for
the S&P 100 index,
and the related other internals in a form I actually interpret
and use every day

http://stockcharts.com/h-sc/ui?s=%24OEX&p=D&yr=0&mn=7&dy=0&id=p1928552842c&a=340963636

selected important internals for the $SPX, daily chart

http://stockcharts.com/h-sc/ui?s=%21NEWHISPX&p=D&yr=2&mn=0&dy=0&id=p1367909886c&a=382915190

reply #4 to the initiating $SPX post for this thread

[rimshot]

$SPX daily with 2 very important internals
for the S&P 500 index,
and
displaying the form
by which I interpret the action by these internals
and watch closely each day

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=4&mn=0&dy=0&id=p7914341793c&a=422054357

reply #5 to the initiating $SPX post for this thread

[rimshot]

/ES futures weekly



/NQ futures weekly



/CL futures weekly

[rimshot]

three $NYA daily & weekly charts
with
selected key price #'s
for the /ES S&P 500 futures

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146498058

the price #'s are now useful
and will actually determine the near-term
price action destiny, as well as the intermediate-
term price action

consider the price values I call out
as horizontal markers or milestones ...
you can easily
judge what it means when price remains
above or below the
price values for many days or weeks or months

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146498058

[rimshot]

SPY weekly displaying both the 20,2 Bollinger Band
and
the 104,2 Bollinger Band ( 2 years of price action )

http://stockcharts.com/h-sc/ui?s=SPY&p=W&st=2013-08-26&id=p6401602239c&a=369089730

SPY monthly displaying:
20,2 BB
15,2 BB
36,2 BB ( 3 years of price action )

http://stockcharts.com/h-sc/ui?s=SPY&p=M&st=2013-08-26&id=p0491153556c&a=643883237

reply #8 to the initiating $SPX post for this thread

[rimshot]

for SC subscribers

$SPX daily with emphasis on the 150-day SMA as a potential
bull vs. bear divider, for now .. and on the Lower and Upper Bolllinger
Bands

https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=0&dy=0&id=p57179236002&a=340963767

[rimshot]

SPY intraday price high on March 3rd was
approx. $2 below the 100-day SMA , which was
followed by an immediate & vertical
decline into late day and closing below the 150-day SMA

SPY daily closes chart with several key internals -

* bulls need the count of the new highs minus new lows
smoothed with the 10-day moving average to recapture
and hold above the zero line ... until then, the bears
control the internals with a clear trend to the downside

https://c.stockcharts.com/c-sc/sc?s=SPY&p=D&yr=0&mn=10&dy=0&i=p83085167028&a=592217701&r=1579328076287

until proven otherwise by a lasting hold above
the SPY 100-day SMA -- lower price lows than seen in late
February & early March 2020 are more than 50% odds possible,
and
a lengthy hold below $SPX 2890 to 2933 price zone will
be required to eventually target the lower range at
the price zone of 2620 to 2860's

time will tell, mechanical brain-dead trading based on
chart evidence as it develops is prudent ...
no need to think if technical chart evidence is guiding actions to enter and exit

[rimshot]

3077 = $SPX 200-day EMA at March 3rd close

3074 is the bounce high so far by /ES in Globex session today,
March 4, 2020

weekly charts, with the March 3rd bounce high marked ---

will we see a re-test of the SPY lower
Bollinger Band?

SPY weekly - March 3rd intraday high marked

* recent decline low resides below the lower Bollinger Band

https://stockcharts.com/c-sc/sc?s=SPY&p=W&yr=0&mn=8&dy=0&i=p00738989436&a=725214187&r=1583328117802

QQQ weekly

* recent decline low resides very near the 50-week EMA

https://stockcharts.com/c-sc/sc?s=QQQ&p=W&yr=0&mn=8&dy=0&i=p10603132444&a=725137639&r=1583328058124

Top Ten most influential stocks in the S&P 500 index, representing
23% of the price value at any given moment

Tuesday's March 3rd bounce high is added to the right of each symbol, and needs
to be monitored in the future days/weeks
to see if it is ever again surpassed because
SPY and SPX action to the upside will need the participation of these Top 10
stocks to take SPY and SPX back above their 100-day SMA

S&P 500 index Top 10 individual stocks
with their Portfolio weight
in Percentage terms
based on the Market Capitalization size
each day at the market close
AND
divided
by the Total Market Capitalization size
for the 500 stocks in the index

https://www.morningstar.com/etfs/arcx/spy/portfolio

AAPL - 4.81% - 304.00 is March 3rd intraday high & high of multiple days
MSFT - 4.60% - 175.00 & high of multiple days
AMZN - 2.80% - 1996.33 & above the prior 3 days
FB - 1.93% - 197.24 & above the prior 2 days
BRK/B - 1.63% - 218.15 & not above Monday's high
GOOGL - 1.60% - 1408.19 & above the prior 2 days
GOOG - 1.60% - 1410.15 & above the prior 2 days
JPM - 1.56% - 122.95 & above Monday's high
JNJ - 1.42% - 140.99 & above the prior 2 days
V - 1.27% - 194.04 & above the prior 4 days

Total is 23.22 Percent of each day's S&P 500 index
price action is comprised of these 10 stocks ...
( as of January 20th, before the decline by the US indices
kicked off in earnest )

daily charts -

https://c.stockcharts.com/c-sc/sc?s=AAPL&p=D&yr=0&mn=7&dy=0&i=p39331228747&a=624971727&r=1579443186465

https://c.stockcharts.com/c-sc/sc?s=MSFT&p=D&yr=0&mn=6&dy=0&i=p52856463753&a=625243569&r=1579443222368

https://c.stockcharts.com/c-sc/sc?s=AMZN&p=D&yr=1&mn=8&dy=0&i=p90010723959&a=625188544&r=1579443324373

https://c.stockcharts.com/c-sc/sc?s=FB&p=D&yr=2&mn=4&dy=0&i=p55950501499&a=625243564&r=1579443450375

https://c.stockcharts.com/c-sc/sc?s=BRK%2FB&p=D&yr=1&mn=6&dy=0&i=p05790403759&a=625243563&r=1579443602963

https://c.stockcharts.com/c-sc/sc?s=GOOGL&p=D&yr=2&mn=4&dy=0&i=p02124900434&a=625243566&r=1579443722114

https://c.stockcharts.com/c-sc/sc?s=GOOG&p=D&yr=1&mn=10&dy=0&i=p28229421063&a=625243565&r=1579443809053

https://c.stockcharts.com/c-sc/sc?s=JPM&p=D&yr=2&mn=4&dy=0&i=p24250093775&a=625243568&r=1579443934642

https://c.stockcharts.com/c-sc/sc?s=JNJ&p=D&yr=2&mn=2&dy=0&i=p53718021866&a=625243567&r=1579444054904

https://c.stockcharts.com/c-sc/sc?s=V&p=D&yr=0&mn=10&dy=0&i=p81065803723&a=714713780&r=1579444249407

[rimshot]

both SPY and $SPX daily closes price value today July 14 achieved new bounce highs to levels not seen since early June 2020 when viewing the daily closes chart .... ditto for several of the S&P 500 Sector Spyders

SPY and $SPSUPX 20-day EMA defined the region of today's intraday price low, which is the simplest measuring definition of a rising trend recognized & used by the greatest number of professional technicians that I routinely read over the years

I like the 15-day SMA to compliment the 20-day EMA

no need to even think about picking a reliable "top" until the 20-day price EMA is violated on a lasting basis ... bear traps and nothing more, imo

the Nasdaq-100 cumulative Net Advance-Decline line today printed a new record high level, so $NDX bears are all wet until proven otherwise by an A-D line below both the 19 and 39-day EMA's at a minimum

[rimshot]

S&P 500 cumulative net Advance-Decline line printed a new record high today Wednesday July 15, 2020 by a small margin over the prior record high

http://stockcharts.com/c-sc/sc?s=%21ADLINESPX&p=D&yr=0&mn=8&dy=0&i=p77866363677&a=776818534&r=1594874108832

** the $SPX price action daily RSI-14 is notably negatively divergent vs. the $SPX June price high and the RSI level at that time

http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=10&dy=20&i=p39194776096&a=589367469&r=1586708460313

the July 15 A-D line new record high by a slim margin more likely represents bullish confirmation than any other technical condition relevant to S&P 500 index price action and Advance-Decline action in the future ... at least one yearly of the 2010 through 2012 swing highs and in other years for the $SPX price action coincided with bounce highs for the S&P 500 index A-D line, so the new record is not always a reliable bullish confirmation, in terms of a trader relying on no imminent large correction to immediately follow

Important note -- upside A-D line follow through is a must going forward to support the future bullish case for $SPX price action

[rimshot]

$OEX daily -

* indicators are setup to promise a possibility for lower action, though choppiness in the
coming days/weeks would fool folks about the eventual probable price outcome

stockcharts.com ( note - I will post the proper links
from another computer when time permits,
am in the process of shoveling out from a major snowstorm overnight,
and I thought I could cut and paste from the SI forum's where I have been active in recent months --- please do Not post a Link to the SI forums because there are too many unrespectful bad actors at IHub who clutter up boards with supposition about the future not based on mathematical accuracy --- Tip, place a 156,2 weekly BB on the indices and on the SMH to SPY ratio, and the QQQ to SPY ratio and the XLK to SPY ratio, and the AAPL to SPY ratio and the TSLA to SPY ratio ...use your smarts to understand how to interpret a confirmed trend change based on a 3-year Bollinger Band)

this daily chart for 6 indices net Advance-Decline line in histogram format
echoes similar possibility of lower price action
in weeks ahead, after a period of choppiness -

stockcharts.com

$SPX daily chart Link & comments - it is possible the selling action in US equities
is only getting started in earnest,
though the chart below will need to further deteriorate at some future set of weeks
daily $SPX price action with Carl Swelin's ITBM and ITVM advance-decline breadth
and advance-decline volume indicators, which are just now violating their 10-day EMA

stockcharts.com

the weekly Point & Figure charts for ITBM and ITVM provide time efficient examinations for each of the indices,
in terms of relative location to prior highs and lows and relative to the ITBM / ITVM zero line

* upon reviewing these PnF charts for each index after the Thursday Feb 25 close,
the potentially serious downside danger is only recently becoming real
and increasingly probable as an outcome

chart #2: weekly Point & Figure chart for the S&P 500 IT Breadth Momentum indicator -

c.stockcharts.com[PA][D][F1!3!!!2!20]&r=5680&pnf=y

=============================================================

3855.36 = $SPX potential next upper bull/bear divider

in play for Friday Feb 26 & future days .. bullish for more up with probable upward
Staying Power only if a lasting hold above 3855.36 occurs

3870 = next upper level of importance, if seen Feb 26 or in the future

$SPX daily closes chart with cumulative net A-D breadth & A-D volume lines for the S&P 500 index -

stockcharts.com