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Sasquatch_Trader

MMTW % of Stocks Above 20-Day MA & SPY Trend Analysis 12-4-2018

Long
Percent of Stocks Above 20-Day Average (INDEX:MMTW)  
Sasquatch_Trader Updated   
INDEX:MMTW   Percent of Stocks Above 20-Day Average
Trend Analysis Chart Patterns Technical Indicators MMTW SPDR S&P 500 ETF (SPY) breadth
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0
trendanalysis chartpattern indicator mmtw spy breadth
snapshot

snapshot

Major overhead resistance on the daily SPY...
schrts.co/68Ykzm

The real nature of the larger pullback is revealed on this weekly SPY chart... this is very bullish.
schrts.co/vQXQLP

Prediction: Near-term pullback with larger time-frame indicators suggesting a break to the upside, despite that major resistance is overhead.

Comment:
Please note that the last two links to Stockcharts.com are not going to be static views. The charts there will change according to market data. The view I am looking at is for Dec. 3rd EOD data.
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