Market Breadth Data******************************

Friday, November 25, 2016

$SPY Swing Comparison

The comparison between the current SP500 upswing and recent rallies suggests that despite trader's uneasiness with the longevity of the post-election rally, there may be a lot more upside left.

Especially, if the August '16 highs turn into long-term support.

The average of the February and June rallies is 40 days which, when projected forward, points to the end of '16.

The best of our indicators are available in CIT Toolbox for TradingView and in CIT Collection for NinjaTrader.

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