Stream of thought Looking at Extremes for % of Stocks Under/Over their respective 20DMAs in the S&P . Lot more context is needed to refine the strategy like Where % of Stocks Under/Over 200 & 50 DMAs . Will go through each part individually then put them together.
Stream of thought Looking at Extremes for % of Stocks Under/Over their respective 20DMAs in the S&P. Lot more context is needed to refine the strategy like Where % of Stocks Under/Over 200 & 50 DMAs. Will go through each part individually then put them together.
S&P 500 vs its stocks above the 200 day MA: Bottom chart shows the S&P since 2008. The recent run up on the chart hides many of the details on this weekly chart. The chart on top, tracks the percentage of stocks above their 200 day Moving average for stocks that make up the S&P 500 . In April of 2021, 96% of the S&P stocks traded above their 200 day MA. Currently...
Lägger upp en graf här som jag kommer ha koll på när nästa "stora" köp läge kmr,
A look at S&P Breadth via observing % of Stocks Above their respective 20, 50 & 200 Day Moving Averages.
If you know you know if you dont you dont. Why should I tell you where to look?
Just an idea I was working on to relate the price of the S&P (SPX) to the number of stocks above the 200 day (S5TH). The pattern of 200avg vs price is not always clear. You can see that since Sept 2021 the 200avg has fallen noticably, but the S&P has conintued to climb higher. I general see this as invetors flocking to the big heavy weights like Apple and Amazon...
one which was the 50D MA.
S&P 500 vs its stocks above the 200 day MA: Bottom chart shows the S&P since 2008. The recent run up on the chart hides many of the details on this weekly chart. The chart on top, tracks the percentage of stocks above their 200 day Moving average for stocks that make up the S&P 500. In April of 2021, 96% of the S&P stocks traded above their 200 day MA. ...
Just something to ponder on. I have no idea if the pattern will hold compared to 2009-2010. The 1 day looks more like it could bounce
Can we rhythm with the past ?!
With a track record dating back to '09, anytime more than 94% of companies in the S&P trade above their 200-day MA, there is an ensuing sell-off. This doesn't indicate an extreme sell-off but rather a cooling of the coals that have become too hot. But still, look out below. When the VIX goes so low and this indicator goes so high, it is a red flashing signal to...
Caution on U.S. markets as we get below 84% Some selling could step in. RSI uptrend has broken, MACD turned bearish.
A break below 84% would be a warning sign as we remain elevated near historical highs. For now, we remain bullish.
Nothing out of the usual here. Just a quick illustration about where did the tops and bottoms occurred. Each line represent an index reading either a top of spx of a bottom of spx. We did have a top with 49% reading !!! and a bottom with 81% reading these are the most extremes readings and we've never seen them again!!! wish you all the best.
check the other idea for reflected results. wish you the best.
Since 2018 most of the times after the 200 moving average exceeded 75%, days after, a correction occurred, is this time going to be different?
The S&P 500 Stocks above 200MA is a market breadth indicator that provides information about where the momentum is at the time. The chart shows weakness as there is a bearish RSI divergence after the indicator was rejected from the lower line of the broken channel. A break of the green line might give bears momentum to the downside and achieve a further...