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tfinavia
Sep 24, 2021 4:45 PM

Percent % of stocks above 200 day MA - Monthly Short

Percent of Stocks Above 200-Day AverageINDEX

Description

All charts and comments are for entertainment and educational purposes only. For Trading Advice, seek out a professional.
Comments
SoaringWave
So it can go negative if recession?
tfinavia
@SoaringWave, probably not. We can follow @HamzaLeith (thanks a lot) live VIX chart here: tradingview.com/chart/I7J35kXq/
It looks like we have a bounce due going into the FED meeting on 16th then downhill ride until April end.
NQunlocked
@tfinavia, Just updated the chart, the decline may very well have started today!!! please check the updated chart!
tfinavia
@HamzaLeith, Thanks friend, I checked. Great chart! I do appreciate your input.
dRends35
Thanks for sharing this and looks interesting with stats also, but your bottom appears to be -2. Am I missing something?
tfinavia
@dRends35, No, it can not. I missed it. Thanks for the correction. Initially I tried to show the similarity in percent declines vs Feb 2020 for the SnP but as this goes near the lows of last year, the SnP could come near 3,015 which is what I tried to illustrate in another chart of FFTY under my profile. Thanks!
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