Indicators
Technical indicators, explained — with a current reading on SPY and QQQ
12 of the measures in the catalogue, each on its own page: what it looks at, how to read it, and what it reads right now on SPY and QQQ across the daily, weekly and monthly charts.
What each one currently reads
| Indicator | Group | SPY (daily) | QQQ (daily) |
|---|---|---|---|
| Relative Strength Index (RSI) | Momentum | 52 | 63 |
| MACD | Momentum | pos falling | pos falling |
| Stochastic Oscillator | Momentum | K69 | K85 |
| Moving-Average Structure | Trend | above 2/2 (50d/200d) | above 2/2 (50d/200d) |
| Volume Flow (CMF / OBV) | Participation & flow | CMF +0.03/OBV FALLING | CMF +0.22/OBV RISING |
| Sequential Exhaustion Count | Exhaustion & reversal | Upside exhaustion, count 12 (perfected), completed 2026-08-11, 31 bars ago | Downside exhaustion, count 9 (perfected), completed 2026-07-27, 42 bars ago |
| ADX / Directional Movement | Trend | ADX 11.7 (WEAK), −DI 33.8 vs +DI 26.9 | ADX 13.3 (WEAK), −DI 23.1 vs +DI 33.5 |
| Chaikin Money Flow | Participation & flow | +0.027 — neutral | +0.222 — buying |
| On-Balance Volume | Participation & flow | Falling, Bearish divergence, not confirming price | Rising |
| Money Flow Index (MFI) | Participation & flow | 28.1 — neutral | 48.9 — neutral |
| Time-Series Momentum | Momentum | Bullish, avg 10.25% (3m 5.24%, 6m 18.93%, 12m 16.05%) | Bullish, avg 16.05% (3m 4.89%, 6m 29.16%, 12m 24.32%) |
| Chandelier Exit | Structure & volatility | Bullish — long stop 754.76, 1.62% below price | Bullish — long stop 717.44, 3.19% below price |
Daily readings from the 2026-09-24 data edition. Weekly and monthly readings are on each indicator's own page.
How these pages are built
Every reading is a description of conditions that already exist at a stated close. None of them is a forecast, and the daily, weekly and monthly readings of one measure are printed separately because they answer different questions.
The rest of the catalogue is threshold-gated — it only reports while its threshold is crossed — so it is defined on the indicator glossary rather than given a page here. The whole catalogue, run on one ticker and read together, is what a breakdown is: see the sample breakdown, the free monthly SPY breakdown, or pricing to have it run on tickers you name.