samitrading

SPX's weekly update. 2ed week of April 2021

SPCFD:SPX   S&P 500 Index
- P/E : @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops".
- SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.666
historically 10y note underperforming SPX in April & it has a sideway movements in April as well.
- Insiders: 6 Sell, 2 Buy. No up date on the website, still April 1st reading !!!
- Seasonality: April is the best month of the past 20 years & 2ed past 10Y. Max 12.5% Min (-6.1%)
with Q2 of post presidential election, since 1950, gain of 5% (already 3.5 % in the firs 10 days LoL !!!
- Deviation : Daily - @15.37 % (80 % single pullback) weekly - @39.06% (76% single pullback)
and at the edge of a 54% double digits pullback.
- Candles Auto recognition : White Marubozu 84 % bullish move NEXT. Nothing 7 months for monthly.
- Putt/Call composite @.600 Vs. .597Vs. last week = Still holding Higher Highs/Higher low. Kind of bouncing from 50d MA. Golden Cross looming
-Total Option Volume: 478329 Vs. 378667 big increase 25% up from last week.
- VIX : In our safe green zone, we hit 16.69 Vs. 17. 40 last week
Lowest seen # since last years crash + Closed 2020's "GAP"
- VWAP: @ 58.30 = No man's land, closer to up swing..
- DIX : 44% No man's land closer to a bottom or up swing.
- GEX : @ 22,999,000,000. 55% tops land, 35 % up swing 10% false signal. (HIGHEST READING IN 2Y)
- SPX : Above averages . We are getting 3 of them in the 90s very rare bullishness move here. !!!!
- NYSE: Above average nothing to mention.
--------------------------------------------------------------------------
Key for this week :
1/ Bullish Barubozu Candle 84% success rate.
2/ Higher Deviation = Higher probability of a pullback.
3/ GEX is the highest in 2 years !!!


Comment: Guys Guys Guys ... GEX GEX GEX Printing highest # since 2011 .

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter