|Simple Trading Ideas||
$SPXA200R is a breadth indicator showing the percentage of S&P 500 stocks above the 200-day moving average. $SPXA200R declines when more S&P 500 stocks cross below the 200-day moving average. Notice that in July a divergence developed between the S&P 500 and $SPXA200R. $SPXA200R probably will move lower along with $SPX the S&P 500 index.