Market View: SPY 500Short-term for swing trading is a little over extended for now. Would like to see if we can pull back a bit later this week to look for new long positions. For now, I'm looking to trim my positions. Market still weak from my point of view. I will be happier once we can have the 50-Day Average above
Using S5TH (spx stocks above 200dma) as an oscillator timing cycPretty cool feature. You can use the 9month moving average in S5TH (spx stocks above the 200dma) to time the market cycle. Figure out the upward momentum (with help of game theory and TNX cycle). In practice and theory peoples options should be predictable because everyone act in their self-interest
S&P 500 just 21% of stocks above their 200D MAS&P 500 vs its stocks above the 200 day MA:
Bottom chart shows the S&P since 2008.
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 just 21% rem
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Displays a symbol's price movements over previous years to identify recurring trends.