NYSE volume has been running at a very similar pace to Wednesday (see intraday relative volume chart), so projecting whether today’s volume will be higher or lower than yesterday is difficult. But it certainly would be noteworthy if volume…
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The 10-day Up/Down Volume Thrust (UDT10) based on S&P500 component data looks set to close above 66.6% today, an unusually high level and a…
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SPY currently trading above Steenbarger’s R3 at 137.64. A close above that level would trigger the same signal discussed yesterday and imply limited downside potential on Monday. Interestingly, one additional study suggests the exact opposite for Monday, but only if S&P futures…
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Yesterday I noted on Twitter that SPY would finish above Steenbarger’s R3 target on a close over 135.59 (which it did), triggering the 5-10 day buy setup outlined in this December 9th column. Today SPY is working on a second consecutive close above R3 (at 136.28). That usually means…
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The following signal was triggered at Tuesday’s close and calls for a lower close today…

When both the S&P500 and Equal Weight S&P500 close higher on the day but the Equal Weight index underperforms the SPX by …
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