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rimshot

08/13/20 10:19 PM

#348 RE: rimshot #347

using customized momentum settings, the $SPX 30-minute at SC has weakening momo vs. earlier weeks for the recent eight consecutive days ...

intraday upward momo has been shallow and relatively short-lived

$SPX 30-minute with a single focus on using two MACD settings & the 50,2 Bollinger Band -

http://stockcharts.com/c-sc/sc?s=%24SPX&p=30&yr=0&mn=0&dy=15&i=p08095355659&a=661020318&r=1597195366789

** all four days this week have printed S&P 500 index net Advancers minus Decliners daily values less than +250, with the highest value so far at plus 186 in the following Thursday reverse to Monday sequence -- this is NOT stellar net A-D for price to be advancing with probable upward Staying Power unless the daily prints improve for the A-D:

minus 146 - Thursday
plus 186
minus 48
plus 179 - Monday