SPY & QQQ intraday chart observations by rimshot Message Board

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

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To: rimshot who wrote (1)	11/19/2021 10:53:55 AM
From: rimshot	Read Replies (1) of 1309

$NDX daily chart - stockcharts.com * the seven chart elements located below the $NDX price action are not setting up in recent days to embolden confidence in the near-term probable sustainability of the current upward movement by the $NDX ... the odds for the very near-term continuation of upward price action are now lessening, though any improvement in these lower seven chart elements will be clearly evident if it occurs Note - it is important to bulls to see the Price Momentum Oscillator advance above the PMO's July 2021 peak, and to accomplish this for a # of days / weeks

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