te_fern wrote:In stockcharts, is there an indicator that shows how far, percentage wise, above (or below) a moving average that price has gotten. I believe that price will only run up so far before it starts going sideways (or down). I would like to be able to watch the percentage in an indicator. thanks!
MACD 1,200,1 is how far price is away from the 200ma
MACD 1/50/1 is how far away from the 50ma
etc etc
is that what you mean boss?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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te_fern wrote:In stockcharts, is there an indicator that shows how far, percentage wise, above (or below) a moving average that price has gotten. I believe that price will only run up so far before it starts going sideways (or down). I would like to be able to watch the percentage in an indicator. thanks!
MACD 1,200,1 is how far price is away from the 200ma
MACD 1/50/1 is how far away from the 50ma
etc etc
is that what you mean boss?
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
AD
6-7x bear is massive
It's easing off a bit… but not enough yet…
Contrarians please note: Literally EVERYONE is awaiting a SPY bounce (but not quite yet), based on recent action (lime arrows)
5m
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern wrote:In stockcharts, is there an indicator that shows how far, percentage wise, above (or below) a moving average that price has gotten. I believe that price will only run up so far before it starts going sideways (or down). I would like to be able to watch the percentage in an indicator. thanks!
MACD 1,200,1 is how far price is away from the 200ma
MACD 1/50/1 is how far away from the 50ma
etc etc
is that what you mean boss?
Yes, this makes more sense than ROC. But, I'll try both!! Thanks!
te_fern wrote:In stockcharts, is there an indicator that shows how far, percentage wise, above (or below) a moving average that price has gotten. I believe that price will only run up so far before it starts going sideways (or down). I would like to be able to watch the percentage in an indicator. thanks!
MACD 1,200,1 is how far price is away from the 200ma
MACD 1/50/1 is how far away from the 50ma
etc etc
is that what you mean boss?
or maybe you mean $SPXa200R, $ndxa200r, etc
tsf, I've never seen these, I'll give them a try! Thanks!
SPY
Fibonacci drawn from the December low to last week’s high
A 38% retracement (considered a decent, minimum correction) woud be ~$271.15, which would also test the 8 March low
Bouncy road down, but anything shy of 38% would be bullshit bullish
(SPY is now at $280.38)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
it's the very first step toward the bottom, generally, generally still need a higher low revisit.
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