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hiker

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Reply with quote  #1 
Nov 16 11:58 a.m. update for the SPX daily chart

* daily RSI-3 now resides at a level in the past which represents a "extreme" low
* this chart format is borrowed from "mss" ... four SPX moving averages for price are   shown

Attached Images
Name: SPX_daily_-_intraday_update_-_RSI-3_at_prior_extreme_low_region.png, Views: 110, Size: 40.01 KB

Name: spx_daily_by_Scott.png, Views: 109, Size: 43.85 KB



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hiker

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Reply with quote  #2 
SPX daily closes chart by "mss" updated for the Nov. 16th close

* RSI-5 is shown on this chart, and look to the left on the chart for prior extreme lows

Attached Images
Name: SPX_daily_by_Scott_-_Nov_16,_2010.png, Views: 96, Size: 36.05 KB



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hiker

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Reply with quote  #3 
Nov 16th SPX daily closes with NYSE breadth data:

* $1171.67 - a prior SPX daily close high remains below the current price action

Attached Images
Name: SPX_daily_closes_-_Nov_16,_2010.png, Views: 100, Size: 107.11 KB



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hiker

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Reply with quote  #4 
Nov 16

NYSE up volume to total volume daily ratio:

* this ratio value tests a prior low of .07 while the NYSE price action tests the
   $7,471 to $7439 horizontal zone from above

Attached Images
Name: NYSE_up_vol_to_total_vol_daily_ratio_-_Nov_16._2010.png, Views: 93, Size: 62.91 KB



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hiker

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Reply with quote  #5 
here is the same chart data for June to early September, 2010

* the September 1, 2010 upside reversal by price action was preceded by
  the most recent print of .07 by the NYSE up volume to total volume ratio:

Attached Images
Name: NYSE_vol_ratio_for_June_to_early_Sept._2010.png, Views: 94, Size: 48.77 KB



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