Constituents above 50MA & YTD price returns: Large-Cap: 62%, Up 20% Mid-Cap: 65%, Up 17% Small-Cap: 61%, Up 20% It makes sense that large-caps are expressing the largest divergence between returns & constituents given the concentration of the index and no upper market-cap bound. Large-Cap AMEX:SPY Mid-Cap AMEX:MDY Small-Cap AMEX:SLY
101 Tech.
101 Tech.
207-2021 all D.Crossess.
"STAY NIMBLE" SPX Stocks above 50d Moving average. Very Bad signal popping up. The death cross is a technical chart pattern indicating the potential for a major sell-off. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the...
$SPY $SPX % of S&P 500 stocks above MA50
Sitting right on a key fractal in a major downtrend. This is part of a broader 5Y uptrend fractal break...
This can correct through time, but I dont like the look of this. Taking my foot off the gas for now.
February - March 2021 may be a repeat pattern of 2020.
Notice that every time in the last 5Y we broke below this line, stocks plummeted. Only options left are... 1. BULLGASM to stay above this line for a bit longer before crashing 2. Start crashing soon 3300 is a good place to pull back to before charging for new ATHs, that is most likely bounce for next downturn right now but 3180 and 3k aren't too far behind,...
Helpful indicator if ur trying to determine where to leg into equities. Gave u the local bottom within a days range over the last couple years. Not all individual things bottom at the same time but index gets you fairly close if ur swinging assets that are a part of it. Also not used as a buy signal rather confluence for a position.
For the nerds... enjoy! Would wait for RSI break before going long.
Just a helpful PSA B).
I am seeing weakness in stocks with a loss of momentum and volume. There are several interesting red flags I'm observing at this time on many of my indicators.This is just one of many but it shows the percent of s&p stocks above their 50-day moving average. It can serve as a leading indicator and should be observed with a comparison of the index as well as a...