NYSE % Stocks > 200 day m.a.

Here are the results of the scan I was running and as I suspected, the number is close. As of Friday we were at 37.06% of NYSE stocks were above their 200-day price moving average, today....

Today we are nearly at 38%, here is why it matters....

The last 3 months just about every time this percentage of NYSE stocks has hit between 37% and 40% we have seen a move to the downside.

With the VIX finally moving up today, there's some fear building in the market.

 Note how the VIX in green has moved lower (complacency) while the NYSE in white has moved higher, until today in the red box, with the VIX registering less complacency, but still at a very low level associated with market tops.

 The wedge in the SPX

The inverse wedge in the VIX, again, until today with the market registering either a little fear or at least less complacency.