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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot

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To: rimshot who wrote (2)11/19/2021 10:07:02 AM
From: rimshot  Read Replies (1) of 1309
 
Friday Nov. 19 intraday in & out trading plan - actively shorting near /ES 4705.00 ( slightly above or slightly below )
and holding short positions for whatever period a decline actually lasts ..

long positions will only be held when a durable hold above the /ES 4705 / 4707.75 zone occurs
( SPY 470.21 to 470.48 ) ... /ES 4710 to 4715 as upward target zone #1, with 4720 / 25 to possibly
be seen as #2

Note - the 2-week period shows a double-test from above of the /ES 4668.xx region, which formed
the Nov. 18th V-bottom low, meaning a high priority for what occurs if future declines develop

/ES 3-min chart updated after today's cash open, showing the 10-day Volume by Price profile in the right margin -

time stamps are Central time

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