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% above or below the 600-day sma


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#1 hiker

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Posted 11 December 2011 - 05:55 PM

% above or below the 600-day sma - major indices - weekly update:

Friday, Dec 9, 2011 weekly update:

* the 600-day sma is rising for each index shown below

Percentage distance above the 600-day simple moving average as of Dec 9, 2011:

SPX - 6.7%

NDX - 13.5%

RUT - 23.5%

VLE - 6.4%

NYA - 0.9%

* all these indices reside above their 65-day sma (3 months)

* only the NDX resides above its 260-day sma (four equal quarters or 65 X4)

Edited by hiker, 11 December 2011 - 05:58 PM.


#2 DrSP

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Posted 11 December 2011 - 07:00 PM

Hiker, IYV, is that bullish or bearish? At what level would the turn be?
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#3 hiker

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Posted 12 December 2011 - 08:56 AM

reply to DrSP

what do you think? if you had a gun to your head forcing you to use only one moving average to decide whether to buy dips or sell rips:

1. is the SPX 200day sma most important for forming a trade bias?

2. 20day sma?

3. 50day sma?

4. 65day sma?

5. 100day sma?

6. 600day sma?

http://stockcharts.com/h-sc/ui?s=$BPSPX:$VXO&p=D&st=1996-01-01&en=(today)&id=p93581706475&a=224541700.png

#4 hiker

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Posted 12 December 2011 - 09:23 AM

chart data since 1996 -

http://stockcharts.com/h-sc/ui?s=$BPS...amp;a=224541700

http://stockcharts.com/h-sc/ui?s=$BPSPX:$VXO&p=D&st=1996-01-01&en=(today)&id=p93581706475&a=224541700.png

chart image

#5 mss

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Posted 12 December 2011 - 09:31 AM

chart data since 1996 -

http://stockcharts.com/h-sc/ui?s=$BPS...amp;a=224541700

http://stockcharts.com/h-sc/ui?s=$BPSPX:$VXO&p=D&st=1996-01-01&en=(today)&id=p93581706475&a=224541700.png

chart image


Hikers chart.

http://stockcharts.com/c-sc/sc?s=$BPSPX:$VXO&p=D&st=1996-01-01&en=(today)&i=p93581706475&a=224541700.png&r=5511.png
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