samitrading

SPX & S&P 600 & RUSSEL 2000,which is a leading indicator "2.0"

samitrading Updated   
TVC:SPX   S&P 500 Index
Indexes "Band of Brothers Edition 2.0 " Decoding the relation!!!

(No copyrights here feel free to redistribute and spread the knowledge)

In a nutshell, divergences between small caps and SP500 index has a kind of
leading volatility relation " Heads up" kind of a signal !!!

*** When you see minus " -.59 / -.62 " Divergence's reading between SPX & SLY
You need to be out of the market period.
*** When you see minus " -.48/ -.65 " on RUSSELL 2000'S INDEX you need to be out
of the market period.
*** SPX 600 has 10 signals Vs. 7 for RUSSEL. ( 3 more signals for SP600)
***SPX 600 has 4 lagging signals VS. 6 for RUSSEL 2000. ( 2 less lagging signals)
*** SPX 600 has a Median of 36 days Vs. 57 for RUSSEL 2000. ( SP600 better Median)
*** ETFs are slightly better than indexes in the sense that they are more "SENSETIVE.

-----------------------------------------DATA-------------------------------------------------------------------
Lagging Lagging # SINGNALS # SINGNALS MED.RUS Med.SPX russel spx 600
6 4 6 10 57 36.5 62 2 Percentage SPX'S DAYS FOR A PULLBACK RUSSELL 2000 SPX'S DAYS FOR A PULLBACK S&P SMALL CAP 600
61 36 10% Laggeing by 3 days 2 Days heads up
36 13 35% NO SIGNAL !!! 36 days before Covid 19
57 91 20% Double signals 62 days & 8 days 13 days
28 37 12% 61 days Triple signals: 91 days & 81 days & 38 days
48 35 3% Lagging by 1 day NO SIGNAL
91 28 3% Lagging by 9 days Lagging by 8 days
67 3% NO SIGNAL !!! 37 Days
61 5% Lagging by 7 days Lagging by 7 days
91 13% 36 Days 35 days
4%+10% 1 day + 57 days from double pullback NO SIGNAL
2% Lagging 1 day Lagging 1 day
11% 28 days 28 days
21% NO SIGNAL !!! 67 days
6% 48 days 61 days
SLY STOPPED HERE 8% 91 days 91 days
IJR USED HERE INSTEAD 31% Lagging during a crash 35 day lagging during a crash 35 day
During a crsh NO SIGNAL
During a crash During a crash


Comment:
Keep this handy guys we might need it sooner than we think !!!

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***


twitter.com/samitrading1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.