| It was the eighth consecutive positive week for S&P 500 index (^GSPC). The price is above Upper Bollinger Band. The daily Williams' Percentage Rangeis overbought. The daily Williams' Percentage Range and Lane's Stochastic have a bearish divergence. The S&P 500 weekly uptrend started on August 21, 2017 at 2,417.35 and reached 2,588.42 on November 03, 2017, making 7.08% gain in eleven weeks. | ||||
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| More than 16% of S&P 500 component stocks have an above
average weekly volume. It is the highest level since November 11, 2016. More
than 40% of S&P 500 component stocks have an overbought weekly Lane's
Stochastic. It is the highest level since April 29, 2016.
http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?r=248 | ||||
Sunday, November 05, 2017
Eighth consecutive positive week for S&P 500
