The $VIX crossed below 20 today, for the first time in 30 trading days (6 weeks). The 10-year backtest shows positive average returns for the $SPX over the 3 months following the $VIX crossing below 20. marketcharts.com/page/da7638e4?…

Healthy pullback or lower high...?

ICYMI: Weekly S&P500 ChartStorm blog post chartstorm.info/p/weekly-s-and… Thanks + follow reco to chart sources Topdown Charts MarketCharts.com Grant Hawkridge Neil Sethi VandaTrack Kevin Gordon Greg White JE$US The Kobeissi Letter The Idea Farm Sam Ro 📈 Steve Burns Ronnie Stoeferle

The 10-year backtest shows slightly positive average returns during the 5 days following the $SPX closing at an all-time high. $SPY marketcharts.com/page/b4a49c9c?…

$SPX golden cross in progress...

The $SPX is down 5 days in a row. Based on the past 10 years, the index was higher 95% of the time during the following 5 days. The average return at the end of the 5 days was over 1%. $SPY #StockMarket marketcharts.com/page/4d7c50eb?…

Bullish breadth expansion under way, and many more great insights 👇 Thanks Callum Thomas!

The $SPX has been trading above its 50-day simple moving average for 81 days. For the past 20 years, prolonged periods above the 50-day SMA have led to a month of negative average returns, followed by notably improving returns. Backtest in comments 👇 marketcharts.com/page/16abe518?…

ICYMI: Weekly S&P500 ChartStorm blog post chartstorm.info/p/weekly-s-and… Thanks + follow reco to chart sources Topdown Charts MarketCharts.com Mike Zaccardi, CFA, CMT 🍖 Daily Chartbook Otavio (Tavi) Costa

An inspiration for finding new trading edges. Thank you, Brett Steenbarger!

$TMDX up at least 5 days in a row while price is above 10-ma, but 20-ma < 50. Very rare occurrence over the past five years. Here's a study looking at the 1-month fwd returns from the past events. Twice is got to 6 up-days in a row. study via MarketCharts.com

The $SPX has been trading above its 50-day moving average for 103 days straight. Looking back 10 years, the longest period it remained above the 50-day moving average for was 110 days. Looking back 20 years, the longest period was 149 days. marketcharts.com/page/e86a47a2?… $SPY

How breadth can help in taking the drama out of trading. Thank you, Brett Steenbarger!