Replies to post #7202 on The TradingEdge

[rimshot]

1-min NYSE Tick closes smoothed by relatively slow moving averages:

a trader needs to wonder if this negative cross by the faster moving average is going to amount to an actionable signal that results in a trading profit ... both moving averages remain some distance above the zero line



1-min Tick closes smoothed by two faster moving averages, both
of which now reside a considerable distance above the zero line

(these moving avgs. represent half-day and full-day for the number of minutes in one trading day)

[rimshot]

NYA 200R remains below 80% and not noticeably advancing now -



ema ribbons displayed with the green line showing the cumulative NYSE New highs minus New 52wk lows demonstrates the pace at which this data set is rising and accumulating its positive accelerating uptrend (cumulative NYAD shown in brown color behind the other data set)



crude oil prices usually move at the similar pace with the NYSE price action, so this chart is worth watching for a breakout from the horizontal range if a trader is to believe it is likely the NYSE Composite Index will achieve sustainable advances



FTSE weekly resides near a key horizontal level shown in pink -



BKX weekly remains contained within its May to December trading range



XBD weekly with SPX price line overlay shown in orange...XBD needs to eventually and firmly surpass horiozntal resistance to satisfy the bulls



XII weekly approaches its 200wk sma