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rimshot

08/14/20 10:18 PM

#349 RE: rimshot #348

using customized momentum settings, the $SPX 30-minute has weakening momo vs. earlier weeks for the recent nine 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=p49697975356&a=661020318&r=1597457710066

** all five days this week printed S&P 500 net Advancers minus Decliners daily values less than +250, with the highest value so far at plus 186 ... shown below in Friday to Monday reverse order -- 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:

plus 38 - Friday
minus 146
plus 186
minus 48
plus 179 - Monday