Pretty 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, seeking safety (hypothetical riskfree) and potential.
I use...
Looking at the latest S&P 500 SPX (SPY ES1!) "Breadth" data , including Stocks Above 50-Day Moving Average (S5FI) & Stocks Above 200-Day Moving Average" (S5TH) — this is yet another indicator that we have been tracking since the start of the market downturn (correction/bear market) in late 21' / early 22' as it has helped to signal buy/sell signals.
Here's what...
Lors des recessions de ce siecle, on a atteind le même niveau sur le S5TH
Lorsqu'atteins une première fois, on avait "effectué" la moitié de la récession
Alright this is a straight forward easy idea.
The bottom index is the S5TH which is the % of S&P500 stocks above their 200 day moving average. We are currently sitting a hair above 94%
I'm using a weekly chart for the sake of simplicity as when this gets a weekly close above 94 the SPX will always pull back. Just scroll back on the chart and take a look for...
Almost the same with NYSE 200d Average study. going below 50% is basically going down to form a bottom. The question, How far can we go down "million dollar question"
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weekly D.Crosses:
After a bottom
going...
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.
Using the symbol S5TH (SP-500 components ABOVE the 20 period moving average) I found something interesting on the 30 minute interval. Since Sept.4 where the SPY (SP-500 ETF * top half of the chart) was pretty much near its peak, through the precipitous drop (I heard a funny metaphor for that - the market had a "Wile .E. Coyote" moment - LOL) and now, back to...
