Use the below indicator to setup quarterly/monthly/daily view of S&P sector relative strength.
Previous part of the post: My Three Comrades: the Chart, the Screener, and the Watchlist Now let's move on to the fundamental analysis. Remember in this post I gave the example that a joint stock company can be thought of as a hotel, and owning shares can be thought of as owning one or more rooms in that hotel. So, imagine now that our hotel has a terrible...
There's a huge gap sitting underneath the current price action on SPY? Will it be filled?
S&P 500 started falling from Oct 2007. It fell to about 57% with a Minimum on March 2009. On the way up, it crossed the 200 DMA. Once it crossed it generally did not fall much after that, with the 200 DMA behaving as a Support
SPY has fallen by 27% since Dec 2021 to Oct 7th, 2022. Two similar percentages SPY has fallen are in: 1) May 2000 to Oct 2002 it fell by 47 percent. If you bought SPY in May 2000, You would have had to wait till Aug 2007 for break even. Then again in Sept 2007 it fell by 57%. So in most likelihood, you would have had to wait till Feb 2013 to get the money...
SPY Chart update to clarify the dates used in the time based fib extensions. -TT
In this we can see a big bull move on tomorrow that is Friday 25 march. Market is in bull runner so it easy that we can go up from here
Spy Is looking week if not hold level above previous high then 3-5% downside is possible AMEX:SPY
monthly rsi on spy...i see similarities in 2000, 2009, 15, etc
looking at poss inv head and shoulders forming. using channels upon channels, inside more channels....
Publishing this chart so tradingview doesn't "lose" it. Target 352 by 3/25
similar measurements repeat. first, i accept that this idea may be nonsense and unusable. but since patterns repeat, it's possible that certain lengths also repeat in a way that help guide TA as the price action develops.
wouldn't it be something if the s&p 500 tops out at 500??? based on this chart, it looks like we are heading there in a hurry.
Im just looking for pullbacks into levels giving us a buying opportunity. I'm hoping if the $SPY could come into this 50D SMA. $QQQ also came in a little bit, coming right into the MP and let's see if it can pullback into this 50D SMA. I do love the fact markets pulled back and really hope it continues to drop a day or two and sets up a really great opportunity for us.
SPY LOOKING FOR CORRECTIONS IN THE COMING WEEKS
Fellow Bountyhunters, Two charts that tell us what can happen to the global equities is posted here. Chart on left is the relative ratio of Stocks vs Bonds. One can see PRICE ACTION rising to the north after bottoming and testing some resistance as of now. If they breakout then we have a continuation and and this can possibly indicate continuation of the rise in...