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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (393)2/27/2022 4:33:57 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

   of 1309
 
Friday Feb 25 = day #1 $NYMO rests above its zero line
... after only five consecutive days below the zero line -

stockcharts.com

* US equity market bulls want to see $NYMO remain above its zero line

bulls want to see NYSE Up Volume divided by NYSE Total Volume rest above the 0.50 level
in coming days -

stockcharts.com

Message #393 from rimshot at 2/23/2022 1:10:12 PM

* $NYMO is currently ( Feb 22 ) firmly positively divergent in its higher low vs. the late January 2022 $NYMO low print ...
if no significant change in the $NYMO chart condition occurs in coming days,
a face-ripping price rally is probable

stockcharts.com
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