Replies to post #3875 on E-Wave for the S&P 500 Index

[rimshot]

six cumulative net Advance-Decline lines shown
as dashes in order to display whether the lines
each day are accelerating the distance from day
to day in
an Upward Direction
no direction
or
a Downward Direction
in the present and in the future

what is concluded from this is the open minded
possibility that either a mild or moderate correction by the A-D lines
and their related index prices is somewhat nearby in
timing, AND/OR that the Upward Movement remains
in the very early stages and is a grinding and steady
character that has tremendous Staying Power that
could last many many months

https://c.stockcharts.com/c-sc/sc?s=%21ADLINESPX&p=D&yr=0&mn=4&dy=0&i=p01862054610&a=705248095&r=1579270114917

chart #2 - Banking index weekly closes chart

https://c.stockcharts.com/c-sc/sc?s=%24BKX&p=W&yr=1&mn=10&dy=0&i=p38748435229&a=624176835&r=1579270484155

chart #3 displays the monthly 15,2 Bollinger Bands for
six major US indices ... the steady grind upward by the price bars since
early December 2019 can only be concluded for interpretation
that it is very possible the Upward movement remains
in the very early stages of a high probability Staying Power advance to the upside,
and
it is way to early to consider anything more than a mild
or moderate downside correction as a "fear" or worry, and future
dips are likely buying opp's .. time will tell, so vigilance is impt

https://c.stockcharts.com/c-sc/sc?s=%24NYA&p=M&yr=3&mn=10&dy=0&i=p77719614178&a=568822129&r=1579270562924

chart #4 - NDX 100 and QQQ percentage performance is the plot from
the fixed start date of the final trading day in 2014

AAPL and MSFT contribute to the upside in a major way in QQQ as well
as in SPY

https://c.stockcharts.com/c-sc/sc?s=%24NDX&p=D&st=2014-12-31&i=p40944534636&a=485600689&r=1579270901653