SPX's weekly up date . Third week of May 2021.

- P/E : @ 45 .54 . Third highest reading since "1875"!!! Tops land. 2% from becoming the 2ed since 1875 .
" Usually bottom of crashes not tops". I guess P/E is becoming "Irrelevant" to investors with M2 getting fatter ;-) .
- SPX's Dividend Yield: @ 1.37 Possible target is 1.10 2000's bottom !!! US10Y @ 1.63 "consolidation Mood !!"
-Historically 10y note has a side way movement relative to SPX in May.
- Insiders: 205 Sell, 65 Buy nothing Out of the usual.
- Seasonality: May Max 5.3 % Min (-8.1%) past 20 Years. With Q2 of post presidential election, since 1950, gain
of 5% (already 3.5 % in the first 10 days LoL !!!
- Deviation : Daily - @12.83 % (64 % single pullback) weekly - @40.97 % (46% single pullback/54 % double pullback !!!)
Weekly is in favor of a pullback with 54 % chance.
- Candles Auto recognition : Bearish Long upper shadow is our last 36 % success rate. Monthly Nothing 7 months for monthly.
- Putt/Call composite @.702 Still holding Higher Highs/Higher low. Golden Cross "Achieved !!!".
-Total Option Volume: 478888 keep hitting this resistance again and again.
- VIX : In our safe green zone, we hit 18 " We spiked above our green safe zone but we tracked back within days'.
- VWAP: @ 67.5 = No man's land, closer to troughs and up swings..
- DIX : 42% No man's land .
- GEX : @ 7 M. 55% tops land, 35 % up swing 10% false signal.
- SPX : Above averages . Nothing here to mention.
- NYSE: Above average : 50D broke 50 line down then up signaling bottom has been achieved. Will it go back down ?
not good at all to break down the 50 line.
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Key for this week :
1/ Golden Cross on PC.
2/ Higher Deviation on weekly favoring 54 % double pullback.
3/ NYSE 50D broke 50 line then bounced back keep an eye on this if it break below 50 again.